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New Westminster manufacturing site sold for $5.5M

The site includes a 23,500-square-foot warehouse and storage facility, plus excess land
new west
 
Two industrial properties in New Westminster have sold for $5.5 million, Colliers International agent Phil Gibbons reports. 
 
The sale includes a 23,500-square-foot manufacturing building built in 1915, with a total combined land and building size of 1.39 acres. The warehouse and storage building has an assessed value of $2,137,000. 
 
The site is located at 50 Braid St. and 415 Vulcan St., New Westminster. 
 

Breakdown: 

 
Price: $5,500,000
Lot Size: 1.37 acres 
Property Type: Industrial 
Zoning: M2
Date of Sale: 09/14/2017 
City: New Westminster 
Province: B.C. 
Name of Brokerage: Colliers International 
 

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