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233 Sixth St 4,644 SF 100% Leased Retail Building New Westminster, BC V3L 3A5 $3,295,000 CAD ($709.52 CAD/SF)

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Investment Highlights

4,644 SF retail restaurant space
2,316 SF adjacent lot for parking
Future development potential

4,951 SF lot
Highly visible street front - Excellent street exposure

Executive Summary

The properties represent a rare opportunity to purchase a stand alone, retail single-tenant building – constructed in 1901 – on a 4,951 sq.ft. lot, and an adjacent, vacant paved lot totaling 2,316 sq.ft.. The building has a gross leasable area of approximately 4,644 sq.ft., and is home to the Old Bavaria Haus Restaurant. The adjacent lot is utilized for garbage collection and parking (there are 8 designated spaces). The two properties are separated by a city laneway. The building parcel is zoned C-2 and the vacant lot is zoned CP-1. The building is in serviceable condition, suitable for continued retail-restaurant use while offering longer term repositioning or redevelopment potential. The City of New Westminster designates the property as “Residential – Multiple Unit Buildings” in the city’s Official Community Plan, allowing for a mix of small to moderate sized medium density multiple unit residential buildings. The property is being sold as-is-where-is, and all offer are subject to Court approval.

233 Sixth Street & 521 Lancaster Street - Marketing Brochure

Order for Conduct of Sale - March 5, 2026 (ENTERED)

CP-1 Zoning Bylaw

C-2 Zoning Bylaw

521 Lancaster Street - Title

233 Sixth Street - Title

233 Sixth Street - Schedule A