$4,500,000
319 GOVERNORS Court, New Westminster V3L5S5
Built 1878
Detached
Listed by: Royal Pacific Realty Corp..
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Description
Foreclosure alert! Own a true piece of New Westminster history! The iconic "Landmark Building, " formerly part of the historic BC Penitentiary, offers a rare opportunity to secure a one-of-a-kind trophy property. Situated on a 47,876 SF (1.1-acre) C-2 zoned lot, this ±11,522 SF heritage building presents exciting future redevelopment potential (verify with City), including possible mixed-use with retail or daycare at street level and office units above. Currently generating solid holding income with upper-level tenants in place and a fully licensed restaurant below featuring 134 indoor seats plus a 160-seat patio. Extensive upgrades (mechanical, electrical, and full sprinkler systems) were completed in 1989. Over 40 on-site parking stalls with potential for expansion. A unique investment opportunity blending historic character, stable income, and long-term upside. Private viewings by appointment only. (id:66934)
Location
Approximate location supplied by the listing data provider.
Features
Annual Taxes: $66,762
Lot Size: 47876.0
Property Details
| Property Type | Detached |
|---|---|
| Sub Type | Retail |
| Lot Size | 47,876 sq ft |
| Year Built | 1878 |
| Listing ID | C8076372 |
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