510 Third Avenue New Westminster, British Columbia V3L 1M7

$9,888,000

Rare Transit Oriented Area land assembly in Downtown New Westminster comprising 233 Sixth Street, 521 Lancaster Street, and 510 Third Avenue with architectural feasibility completed for a six storey mixed use development totalling approximately 149 residential units plus street level commercial. The development concept contemplates the acquisition or closure of a portion of the municipal lane separating Sixth and Lancaster, subject to City approval, enabling efficient massing, parking access, and optimal building depth. The project further benefits from Heritage Revitalization Agreement density potential through the retention of the Old Bavaria House and Alvin Hudson House, providing meaningful floor area uplift and a clear path to Comprehensive Development zoning. Almost 16,000 Sq feet of land. (id:61048)

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https://www.realtor.ca/real-estate/29257608/510-third-avenue-new-westminster