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.