625 5th Avenue

625 5th Avenue, New Westminster, BC V3M 5Z8

  • For Sale Contact for pricing
  • Property Type Office
  • Property Size 34,694 SF
  • Lot Size 34,694 Acre
  • Taxes / YR $239,473.00
  • Zoning C3/MH
  • Year Built 1964
  • Date Updated Jul 10, 2025

NAI Commercial, on behalf of Symphony Hill (the “Vendor”) is pleased to offer this opportunity to acquire a 100% interest in a 60,000 SF fully occupied, eight-storey, concrete medical / office building together with excess development land totaling 8,710 SF. The development land has plans to develop a 45,276 SF 7-storey medical / health building. This lot could also be developed as a multiunit residential building with commercial at grade. The building has 100% occupancy with a diverse variety of 30+ stable tenants and is priced well-below replacement cost.

Almost half a city block in size, the two properties are centrally located within the core of Uptown New Westminster, a block from Royal City Centre Mall, library, Moody Park and bustling Sixth Street. With a current low supply of office and commercial space in the area, both properties will experience continual upside.

Lot Size

625 Fifth Ave - 25,984 SF

513 Seventh St - 8,710 SF

Total - 34,694 SF

 

Building Area

Gross: 60,000 SF

Useable: 49,734 SF

 

Occupancy

49,734 SF (100%)

 

Gross Taxes (2024)

625 Fifth Ave - $184,766.76

513 Seventh St - $54,705.77

Total $239,472.53

Floor 8
Net Operating Income $1126877
Taxes $239,473/yr
Cap Rate 5%
Source Direct

 

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Contacts

broker

NAI Commercial | Vancouver

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise
  • Transit Score ®

    66/100 Good Transit
  • Bike Score ®

    72/100 Very Bikeable
Powered by Walk Score ®
  • City New Westminster, BC
  • Neighborhood Uptown New Westminster
  • Postal Code V3M 5Z8

Points of Interest

  • Carnavon Entrance

    0.76 miles

  • 8th Street Entrance

    0.76 miles

  • Clarkson Street

    0.76 miles

  • New Westminster

    0.77 miles

  • Shops @ New West Entrance

    0.77 miles

  • McNeely St - Bus Entrance

    0.77 miles

  • Columbia Station

    0.78 miles

  • 4th Street

    0.78 miles

  • Columbia Street

    0.80 miles

  • Columbia Street Entrance

    0.80 miles

  • Chevron

    0.10 miles

  • Esso

    0.14 miles

  • FLO

    0.30 miles

  • New West Secondary School Charger

    0.44 miles

  • Staff Charging Station

    0.51 miles

  • New Westminster City Hall

    0.51 miles

  • Flo

    0.56 miles

  • Petro-Canada

    0.65 miles

  • Queen’s Park Rose Garden

    0.67 miles

  • Queens Park Skate Park

    0.71 miles

  • 66 8th Street - Lot #2273

    0.69 miles

  • Westminster Towers

    0.73 miles

  • Front Street Parkade

    0.84 miles

  • Sapperton Landing Pump Station Parking

    1.43 miles

  • P1

    1.51 miles

  • P2

    1.52 miles

  • Emergency Ward Parking

    1.60 miles

  • Scott Road Park and Ride

    2.02 miles

  • Scott Road Park & Ride

    2.09 miles

  • Hearts for Parks parking lot

    2.43 miles

  • Winston

    0.55 miles

  • Arundel Mansion

    0.74 miles

  • The Met Hotel

    0.79 miles

  • Inn at the Quay

    0.89 miles

  • Happy Day Inn

    1.26 miles

  • Burnaby Rentals Hostel

    1.35 miles

  • Turf Hotel

    1.92 miles

  • The Queens Hotel

    2.30 miles

  • Ramada by Wyndham Coquitlam

    2.66 miles

  • Executive Plaza Hotel

    2.76 miles

  • Saigon Ivy

    0.06 miles

  • McDonald's

    0.08 miles

  • Subway

    0.08 miles

  • Burger King

    0.08 miles

  • Pizza Pizza

    0.08 miles

  • The Chopped Leaf

    0.09 miles

  • Jokim Kitchen

    0.09 miles

  • Yianni's Greek Taverna

    0.09 miles

  • Sushi Well

    0.09 miles

  • Hi Dozo Sushi

    0.10 miles

  • Lord Kelvin Elementary School

    0.45 miles

  • New Westminster Secondary School

    0.48 miles

  • Herbert Spencer Elementary School

    0.51 miles

  • Fraser River Middle School

    0.52 miles

  • Sprott-Shaw Community College

    0.62 miles

  • Douglas College New Westminster Campus

    0.63 miles

  • John Knox Christian School - Secondary Campus

    0.64 miles

  • École Qayqayt Elementary School

    0.73 miles

  • Twelfth Avenue Elementary School

    0.74 miles

  • Glenbrook Middle School

    0.76 miles

  • Academics PreKindergarten

    0.09 miles

  • Royal Childcare

    0.10 miles

  • CEFA Early Childcare

    0.12 miles

  • ABC Academy

    0.19 miles

  • Children's Learning Centre

    0.19 miles

  • Glenbrooke Daycare

    0.42 miles

  • We Care Child Care

    0.55 miles

  • Mongio

    0.58 miles

  • Growing Hands Childcare Centre

    0.61 miles

  • New Westminster Family Place

    0.62 miles

Frequently Asked Questions

How much does 625 5th Avenue cost?

The sale price for 625 5th Avenue is available upon request. Contact the listing broker for more information.

What is the total square footage of 625 5th Avenue?

625 5th Avenue totals 34,694 square feet.

When was this property built?

625 5th Avenue was built in 1964.

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Contact Listing Broker
broker

NAI Commercial | Vancouver

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