319 Governors Court New Westminster, British Columbia V3L 5S5
$4,500,000
Foreclosure alert! Own a true piece of New Westminster history! The iconic "Landmark Building, " formerly part of the historic BC Penitentiary, offers a rare opportunity to secure a one-of-a-kind trophy property. Situated on a 47,876 SF (1.1-acre) C-2 zoned lot, this ±11,522 SF heritage building presents exciting future redevelopment potential (verify with City), including possible mixed-use with retail or daycare at street level and office units above. Currently generating solid holding income with upper-level tenants in place and a fully licensed restaurant below featuring 134 indoor seats plus a 160-seat patio. Extensive upgrades (mechanical, electrical, and full sprinkler systems) were completed in 1989. Over 40 on-site parking stalls with potential for expansion. A unique investment opportunity blending historic character, stable income, and long-term upside. Private viewings by appointment only. (id:49203)
Property Details
| MLS® Number | C8076372 |
| Property Type | Retail |
Building
| Constructed Date | 1878 |
Land
| Acreage | Yes |
| Size Irregular | 47876 |
| Size Total | 47876 Sqft |
| Size Total Text | 47876 Sqft |
| Zoning Description | C-2 |
https://www.realtor.ca/real-estate/29380585/319-governors-court-new-westminster
Contact Us
Contact us for more information
Vivian Jiang
Personal Real Estate Corporation
#100 - 1200 West 73rd Avenue
Vancouver, British Columbia V6P 6G5
(604) 266-8989
(604) 263-3803
www.royalpacific.com
Angel Shih
Personal Real Estate Corporation
www.royalpacific.com/
#100 - 1200 West 73rd Avenue
Vancouver, British Columbia V6P 6G5
(604) 266-8989
(604) 263-3803
www.royalpacific.com
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February 23 2026 04:10:18
Greater Vancouver REALTORS®
Royal Pacific Realty Corp.