Oakwyn Realty Ltd.
319 GOVERNORS COURT - Photo 1 of 20, New Westminster, British Columbia
1 / 20
$4,500,000

319 GOVERNORS COURT — New Westminster, British Columbia

V3L5S5

1878Built
47,876Lot Sq Ft

About This Property

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:63357)

Property Location

Map

Property Details

Property Type
Commercial
Living Area
0 sqft
Year Built
1878
Status
Active

Location & Neighborhood

What's nearby 319 GOVERNORS COURT

Parks & Recreation

Transit Access

Local Amenities

Coffee & Cafes

Dining

Grocery

Banking

Pharmacy

Fitness

POI data updated 2/22/2026

New Westminster Market Snapshot

558

Active Listings

$742K

Median Price

0

Avg Days on Market

Last updated: Feb 23, 2026

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Listed by

Royal Pacific Realty Corp.

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$4,500,000

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Oakwyn Realty Ltd.

Oakwyn Realty Ltd.

Search Listings Online Inc.

3195 Oak St, Vancouver, BC V6H 2L2

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

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