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100 Braid Street

100 Braid Street, New Westminster
Industrial

$9,500,000

FEATURES

Rare 1.719 acre development site ideally located in the center of Metro Vancouver at the controlled intersection of Braid Street and Rousseau in New Westminster.Opportunity to hold and capitalize on future development while collecting rents on three(3) fully leased buildings of over 44,000 SF. Current zoning supports an FSR associated with a 6 storey structure thus potential for over 214,000 (+-) of buildable square footage. This property is directly across from the future city labelled Sapperton Green, a newly proposed development at the Braid Street Skytrain station.

SALIENT FACTS

CIVIC ADDRESS: 100 Braid Street New Westminster, BC
SIZE OF LAND: 1.719 acres 74,877 SF
SIZE OF BUILDING: Building No. 1 17,308 SF
Building No. 2 9,038 SF
Building No. 3 18,015 SF
TOTAL: 44,361 SF
PARCEL INDENTIFIER NO. 016-191-412
LEGAL DESCRIPTION LOT 1 SUBURBAN BLOCK 1 PLAN 85982
GROSS TAXES (2013) $99,057.46
CURRENT ZONING M-1 Light Industrial

 

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