65 Richmond St, New Westminster, BC

An opportunity for owner-occupiers or investors to purchase a rare freestanding office building with both income and development potential. Originally constructed in 1878, the subject property was designated a heritage site by the City of New Westminster in 1990. The building lobby and ground floor (3,568 SF) recently underwent extensive high quality renovations and offers a rare opportunity for an owner-occupier to purchase this landmark building and occupy the entire floor along with the top floor (3,531 SF) with incredible views across the Fraser River. Ongoing recommended building maintenance/replacements regularly carried out, including roof replacements during the past 15 years, electrical upgrades, HVAC and other cosmetic improvements. In addition to the existing building the site offers approx. 0.78 acres of surplus land for future mixed use development, creating a potential opportunity to develop two additional structures on the property. Currently leased to four established tenants, the property has been well-maintained, offering functional office spaces for a wide range of users.