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$4,500,000
British Columbia,New Westminster
For Sale Active
319 GOVERNORS COURT, New Westminster, British Columbia V3L5S5
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Basic Details
Description

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:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: C8076372
  • Price: $4,500,000
  • Year Built: 1878
  • Status: Active
  • Property Sub Type: Retail
  • Office Key: 52280
Address Map
  • Location: CA, British Columbia, New Westminster, V3L5S5
  • Street: GOVERNORS
  • Street Number: 319
  • Street Suffix: Court
  • Longitude: W123° 6' 19.5''
  • Latitude: N49° 13' 5.7''
Additional Information
  • Lot Size Dimensions: 47876
Financial
  • Tax Annual Amount: 66762.03
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Listing updated: 2026-06-15 05:06:09
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Listing Information
  • List Agent Key: 1964899
  • List Office Key: 52280
  • Modification Timestamp: 2026-02-23T16:20:58Z
  • Originating System Name: Greater Vancouver REALTORS®
  • Status Change Timestamp: 2026-02-23T16:10:18Z
Powered by REALTOR.ca
Listing updated: 2026-06-15 05:06:10
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