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12,078 ft²
Retail / Land / Multifamily
$8,400,000
Sale


Terry Harding
Terry Harding
NAI Commercial BC

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BURNABY MIXED-USE BUILDING AVAILABLE AT LAND VALUE


The Space
Asking Price$8,400,000
Available Space12,078 ft²
Net Operating Income$209,338
Property UseInvestment property
SourceDirect

The Lot - Imperial

Exceptional chance to buy a cash flow producing building in very good condition with an underlying full land value. This site is on the corner of Gilmore Avenue half a block to East Hastings Street. This superb location offers everything from transit to shopping and restaurants. The site value in the property allows a four-storey woodframe building with a commercial on the main floor. Building is immaculately maintained while working through in getting permits for redevelopment. The building offers views, class “A” condition with a solid tenant base.

Property TypeRetail / Land / Multifamily
Lot Size12,078 ft²
Taxes$34,535/yr
ZoningC8A
Year Built1964
Parking Spaces10
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Terry Harding
Terry Harding
NAI Commercial BC
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