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Investment Highlights

  • Highly functional layout for industrial/retail users, featuring a conveniently sized 24,956 sf building with 23’ 6” clear ceiling heights and 74 gated
  • Central Location In New Westminster’s Glenbrooke North Neighbourhood, The Geographic Centre Of Metro Vancouver
  • Attractive Crown Corporation covenant with ample lease term remaining to analyze future value-add strategies and space requirements.
  • 6-Storey Residential Development Potential Under The New OCP, Complementing The Strong Income And Owner-User Profile

Executive Summary

A RARE OPPORTUNITY TO ACQUIRE A HIGHLY FUNCTIONAL LAST-MILE DISTRIBUTION FACILITY WITH STRONG IN-PLACE INCOME AND NEAR TERM OWNER-USER POTENTIAL

Property Facts

Sale Type Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 1.10 AC
Rentable Building Area 24,956 SF
No. Stories 2
Year Built 1997
Tenancy Single
Parking Ratio 2.44/1,000 SF
Clear Ceiling Height 24’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 2
Zoning CS-1 - Commercial

Amenities

  • Fenced Lot
Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
60/100
  • Listing ID: 39054770

  • Date on Market: 1/12/2026

  • Last Updated:

  • Address: 24 Ovens Ave, New Westminster, BC V3L 1X6

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