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93 Sixth St
New Westminster, BC V3L 2Z8
Office Property For Sale
Investment Highlights
- Prime corner location in Downtown New Westminster
- Strong redevelopment potential with 4.0 FSR and 12-storey allowance
- Underground parkade and prominent signage opportunities
- Steps from Columbia SkyTrain Station and major transit routes
- Established tenant profile with immediate income stream
Executive Summary
A rare chance to acquire a highly visible and versatile commercial asset in the heart of Downtown New Westminster, inside the Tier 2 TOA of the Columbia Skytrain Station.
11,127 SF well-maintained two-storey mixed-use building on an 8,719 SF corner lot with exceptional exposure along Sixth Street.
Strong tenant profile in units 101 and 201 provides immediate cash flow with upside through rental growth.
Opportunity for owner-occupiers as Unit 102 is currently vacant and offers 2,860 sqft of functional office space, flex area, and lunchroom.
Unbeatable Exposure – Great corner building with excellent visibility and walkability.
Zoning Flexibility – C-4 zoning allows a wide range of commercial and mixed-use applications.
Strategic Growth Area – Steps to Columbia Street, SkyTrain, Westminster Pier Park, and surrounded by high-density residential and commercial developments.
Transit-Oriented Location – Minutes to major routes and public transit, supporting future redevelopment potential.
This property offers stable holding income with an established tenant and a strong leasing history. The combination of solid in-place revenue, a central location, and long-term redevelopment potential creates an exceptional opportunity for owner-occupiers and investors seeking exposure, security, and growth in one of Metro Vancouver’s most dynamic urban centres.
11,127 SF well-maintained two-storey mixed-use building on an 8,719 SF corner lot with exceptional exposure along Sixth Street.
Strong tenant profile in units 101 and 201 provides immediate cash flow with upside through rental growth.
Opportunity for owner-occupiers as Unit 102 is currently vacant and offers 2,860 sqft of functional office space, flex area, and lunchroom.
Unbeatable Exposure – Great corner building with excellent visibility and walkability.
Zoning Flexibility – C-4 zoning allows a wide range of commercial and mixed-use applications.
Strategic Growth Area – Steps to Columbia Street, SkyTrain, Westminster Pier Park, and surrounded by high-density residential and commercial developments.
Transit-Oriented Location – Minutes to major routes and public transit, supporting future redevelopment potential.
This property offers stable holding income with an established tenant and a strong leasing history. The combination of solid in-place revenue, a central location, and long-term redevelopment potential creates an exceptional opportunity for owner-occupiers and investors seeking exposure, security, and growth in one of Metro Vancouver’s most dynamic urban centres.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
10,538 SF
Building Class
B
Year Built
1979
Price
$3,213,057 USD
Price Per SF
$304.90 USD
Cap Rate
4.18%
NOI
$134,304 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,269 SF
Building FAR
0.90
Lot Size
0.27 AC
Zoning
C-I - Property is zoned C-4. Permitted uses include:
Business and professional offices;
Commercial schools;
Government institutions
Parking
18 Spaces (1.71 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
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