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FLR1 713 COLUMBIA STREET, New Westminster, British Columbia, V3M 1B2

MLS® # C8063171
new listing
Commercial For Sale In Downtown, New Westminster, British Columbia
$3,550,000
Flr1 713 Columbia Street, New Westminster, BC
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FLR1 713 COLUMBIA STREET, New Westminster, British Columbia, V3M 1B2
$3,550,000

Property Information:

Carefree triple net investment in prime location. The historic Westminster Building is located at the central corner of New Westminster Downtown revival and has been the commercial and professional landmark building for over a century. The property has been upgraded many times and was strata titled into 8 lots in the mid-1980s. The FIRST floor features terra cotta exterior. The property is fully tenanted with strong tenants on triple net leases. All common and exterior areas are managed by a professional management firm hired by the strata council and all interior expenses are covered by triple net leases. This is a rare opportunity to own the 1st floor of a landmark building. (id:27)

Property Features:

  • Property Type: Office
  • Zoning: C-8

Courtesy of: Hugh & McKinnon Realty Ltd.

REALTOR.ca  

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Market Price Trends

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Location of FLR1 713 COLUMBIA STREET, New Westminster, British Columbia, V3M 1B2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

28 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

28 hot days expected in 2050

36/100

Moderate-Low

ClimateCheck®

Current data

This property, FLR1 713 COLUMBIA STREET , experiences 7 hot days per year at around 28.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 31.6 degrees Celsius.

Projected Avg. Temperature

Past
28.3℃
2050
31.6℃

# Hot Days Per Year

Past
7
2050
28

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

96/100

High

ClimateCheck®

Current data

This property, FLR1 713 COLUMBIA STREET , experiences 12 significant 2-day storms per year, with about 594.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 687.7mm of precipitation per year.

Precipitation Per Storm

Past
594.6mm
2050
687.7mm

48-Hour Storms Per Year

Past
12
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of FLR1 713 COLUMBIA STREET, New Westminster, British Columbia, V3M 1B2

Life Stage

Young Families

Employment Type

Service Sector/White Collar

Average Household Income

$113,069.34

Average Number of Children

1.38

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

6.43 %

High school certificate or equivalent

23.6 %

Apprenticeship trade certificate/diploma

5.39 %

College/non-university certificate

19.78 %

University certificate (below bachelor)

3.47 %

University Degree

41.33 %

Commuter

Travel To Work

By Car

59.48 %

By Public Transit

30.91 %

By Walking

5.99 %

By Bicycle

0.97 %

By Other Methods

2.65 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

94.37 %

Houses

5.63 %

Own Vs. Rent

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