502 Twentieth Street

New Westminster, BC

FOR LEASE OR FOR SALE

Property Details

  • Total Site Size 1.98 acres (86,161 sf)
  • Zoning M-2 - Heavy Industrial District
  • Official Community Plan Industrial
  • Property Tax (2024) $129,698.40
  • Sale Price $12,800,000
  • Asking Lease Rate $3.95, net
  • Availability Immediate

Opportunity

Avison Young is excited to present a rare chance to purchase or lease 1.98 acres of prime industrial land in New Westminster. With its undeveloped state, the property provides a blank canvas for developers seeking to capitalize on a strategic location in a thriving industrial market.

Situated in the North Arm neighbourhood, the property features nearly 480 feet of frontage along Stewardson Way, one of New Westminster’s main arterial routes. This prime location ensures exceptional visibility and direct access to key transportation corridors, offering seamless connectivity to other Metro Vancouver regions. The site’s strategic positioning makes it an ideal choice for businesses looking for both accessibility and exposure in a dynamic industrial hub.

Investment Highlights

1.98 acre site strategically located for an industrial development

Ideally located near Stewardson Way and Queensborough Bridge - main arterial roads connecting the property to other Metro Vancouver regions

Excellent exposure along both Stewardson Way and River Drive - 478’ and 463’ respectively
Unimproved land allows prospective investors build-to-suit options

Positioned in a rapidly growing industrial area, the property offers significant investment potential and opportunity for long-term appreciation

Location Map

Downloads

Team

Ryan Kerr
Ryan Kerr
Principal
Avison Young
+1 604 647 5094
Ben Lutes
Ben Lutes
Executive Vice President
Avison Young
+1 604 646 8382
Bryn Cartwright
Bryn Cartwright
Associate Vice President
Avison Young
+1 604 647 5093
Michael Buchan
Michael Buchan
Principal
Avison Young
+1 604 647 5079