For Sale $5,188,800
Property Type Retail - Street Retail
Property Size 9,940 SF
Date Updated Jan 30, 2024

Lee & Associates and CBRE Limited are pleased to present the opportunity to acquire 47 Sixth Street (the “Property”) – a rare corner redevelopment site with the potential to build a unique transit-oriented multi-family development with existing holding income in a mixed-use urban environment within the core of New Westminster. Located at the intersection of Sixth Street and Carnarvon Street, the Property offers an existing density of 5.2x FSR upon redevelopment. A massing study has been performed, illustrating a multi-family redevelopment scheme of over 50,000 square feet. Situated in between two SkyTrain Stations within New Westminster’s downtown waterfront district, the Property benefits from its proximity to all of New Westminster’s best amenities and its accessibility throughout the Lower Mainland.

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Attachments

47 Sixth Street New West.pdf (PDF) opens in new window

Highlights

Existing 12,750 SF commercial building with holding income
Located in New Westminster’s downtown core, surrounded by an abundance of amenities, including Safeway, River Market, and Scotiabank
Allowable density up to 5.2x FSR
Exceptional transit-oriented location between two SkyTrain Stations – Columbia Station (3-minute walk) and New Westminster Station (5-minute walk)

Contacts

Arash Rezai

Lee & Associates - Vancouver

(604) 630-3406

Location

Getting Around

Walk Score ®
88/100 Very Walkable
Transit Score ®
81/100 Excellent Transit
Bike Score ®
45/100 Somewhat Bikeable

Map
Street

City New Westminster, BC
Neighborhood Downtown New Westminster
Postal Code V3L 2

Points of Interest

Clarkson Street

0.11 miles
Columbia Street

0.12 miles
Columbia

0.13 miles
Fourth Street

0.13 miles
New Westminster Skytrain Station

0.24 miles
New Westminster

0.26 miles
Scott Road

1.50 miles
Elevator Entrance

1.54 miles
Sapperton

1.66 miles
Sapperton

1.69 miles

New Westminster City Hall

0.23 miles
Chevron

0.64 miles
Petro-Canada

0.68 miles
Esso

0.82 miles
Chevron

1.17 miles
Shell

1.28 miles
Chevron

1.31 miles
Petro-Canada

1.37 miles
Chevron

1.84 miles
Chevron Commercial Cardlock

1.86 miles

Front Street Parkade

0.13 miles
66 8th Street - Lot #2273

0.25 miles
Douglas College New West - Lot #273

0.27 miles
Scott Road Park and Ride

1.44 miles
Scott Road Park & Ride

1.50 miles
P1

1.55 miles
P2

1.56 miles
Emergency Ward Parking

1.68 miles
Station Tower - Lot #886

2.65 miles
Heron Centre Parking

2.85 miles

Sushi Yen

0.01 miles
Pizzeria Ludica

0.03 miles
Patsara

0.04 miles
Columbia Street Sandwich Company

0.08 miles
Shawarma Corner

0.08 miles
RedBeef Express

0.09 miles
Bubble World Restaurant

0.09 miles
Royal Tandoori

0.09 miles
Donuteria

0.12 miles
Subway

0.12 miles

Safeway

0.25 miles
Save-On-Foods

0.48 miles
Fruiticana

0.52 miles
Royal City Centre

0.85 miles
Save-On-Foods

0.86 miles
Walmart

0.87 miles
Safeway

1.27 miles
Royal Square

1.32 miles
Save-On-Foods

1.57 miles
Beauty 4 Ashes African Super Market

1.58 miles

Frequently Asked Questions

What is the lease rate for 47 6th Street?

Rental asking rate at 47 6th Street is $2,594,400.00/YR.

What is the total square footage of 47 6th Street?

47 6th Street totals 9,940 square feet.

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