Commercial Land for sale
802 & 806 Eighth Street, Uptown NW, New Westminster
                                            
                                            
                                            $2,950,000
                                            
                                            
                                             
                                        
                                    Features
Lot Size
        
            
                20,317 sqft
            
        
    Gross Property Tax
        
            
                $16,320.64 /year
            
        
    Zoning
        
            
                NR-2
            
        
    Subject Property Width
        
            
                157.5  ft
            
        
    Subject Property Depth
        
            
                130  ft
            
        
    Permitted Land Use
        Multifamily (5+), Residential
    Water Supply
        Municipal
    Sewer/Septic
        Municipal/Community
    Description
                                                Claire Group is excited to present investors with a unique redevelopment opportunity for this corner 3 lot parcel situated in a central location of New Westminster. Developers can continue the rezoning application, which has obtained third reading to construct 18 residential units which includes the retention and on-site relocation of the 1929 Sincock House on its own subdivided parcel, and the construction of three new townhouse buildings. The new buildings would include nine standard side-by-side townhouse units, and eight units in a stacked townhouse format. The bottom units would be one-level accessible dwellings and the top units would front onto Eighth Avenue, giving the appearance of side-by-side units. The heritage house would be restored and legally protected through a Heritage Designation Bylaw. An overall combined Floor Space Ratio of 1.08 (0.71 FSR for the heritage house parcel and 1.13 FSR for the townhouse parcel) is proposed for the site. Buyers should consult with the city of New West.
                                            
                                        MLS® Number C8070244