47 Sixth Street
47
6th Street
New Westminster, British Columbia
V3L 2Z1
Description
Lee & Associates and CBRE Limited are pleased to present the opportunity to acquire 47 Sixth Street (the “Property”) – a rare corner redevelopment site with the potential to build a unique transit-oriented multi-family development with existing holding income in a mixed-use urban environment within the core of New Westminster. Located at the intersection of Sixth Street and Carnarvon Street, the Property offers an existing density of 5.2x FSR upon redevelopment. A massing study has been performed, illustrating a multi-family redevelopment scheme of over 50,000 square feet. Situated in between two SkyTrain Stations within New Westminster’s downtown waterfront district, the Property benefits from its proximity to all of New Westminster’s best amenities and its accessibility throughout the Lower Mainland. Highlights Existing 12,750 SF commercial building with holding income Allowable density up to 5.2x FSR
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