HSBC 504 6th St 7,331 SF Retail Building New Westminster, BC V3L 3B4 $5,761,664 USD ($785.93 USD/SF)

Positioned at a high-profile intersection in the heart of Uptown New Westminster, 504 6th Street presents a rare opportunity for owner-users or investors to acquire a freestanding commercial asset with both immediate functionality and long-term redevelopment potential. This former HSBC Bank building spans 7,330 square feet and sits on a prominent 12,452 square foot corner lot, offering 21 at-grade parking stalls with direct access off 5th Avenue.
The property is zoned C3 and designated Mixed-Use High-Rise under the Official Community Plan, allowing for a wide range of uses including medical, dental, daycare, retail, and professional services. With an OCP-supported density of up to 5.0 FAR, the site is well-positioned for future vertical intensification. The existing improvements include eight offices, open areas, a lunchroom, and two washrooms, making it move-in ready for a variety of business types.
Located adjacent to the affluent Queen’s Park neighborhood and surrounded by major retailers such as Walmart, Save-On-Foods, London Drugs, and Starbucks, the site benefits from strong foot traffic and excellent visibility. The area is undergoing significant revitalization, including the nearby 29-story Urban Flats development and the upcoming $1.3B Royal Columbian Hospital expansion. With five SkyTrain stations nearby and a growing population projected to increase by over 8% through 2029, this location offers unmatched connectivity and demographic momentum.
This is a compelling opportunity to secure a landmark property in one of Metro Vancouver’s most vibrant and evolving urban centers.