Retail
Offered at
$4,500,000
MLS® C8076372
Listed by Royal Pacific Realty Corp.
The property
About this property.
Foreclosure alert! Own a true piece of New Westminster history! The iconic "Landmark Building, " formerly part of the historic BC Penitentiary, offers a rare opportunity to secure a one-of-a-kind trophy property. Situated on a 47,876 SF (1.1-acre) C-2 zoned lot, this ±11,522 SF heritage building presents exciting future redevelopment potential (verify with City), including possible mixed-use with retail or daycare at street level and office units above. Currently generating solid holding income with upper-level tenants in place and a fully licensed restaurant below featuring 134 indoor seats plus a 160-seat patio. Extensive upgrades (mechanical, electrical, and full sprinkler systems) were completed in 1989. Over 40 on-site parking stalls with potential for expansion. A unique investment opportunity blending historic character, stable income, and long-term upside. Private viewings by appointment only. (id:67648)
The particulars
Property details.
Details below are supplied by the listing feed. Confirm measurements, rights, fees and taxes for the particular property.
Property and layout
- Property type
- Retail
- Year built
- 1878
Ownership and costs
- Annual property tax
- $66,762.03 · 2025
Land and parking
- Lot area
- 47,876 sq. ft.
- Lot dimensions, as supplied
- 47876
- Zoning description
- C-2
Comfort and construction
- Fireplace
- No
Location details
- City
- New Westminster
- Province
- British Columbia
- Postal code
- V3L5S5
The setting
Explore
the location.
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Source record updated 28 Aug 2026, 02:05 UTC.