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$ 9,200,000
Est. payment | /mo
0.55 Acres Lot
$ 9,200,000
Est. payment | /mo
0.55 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type Asset
MLS Listing ID C8079051
Lot Size 0.550 Acres
Property Sub-Type Retail
Property Description
CBRE Limited is pleased to present the opportunity to acquire 5501 Kingsway, 6582 Denbigh Avenue, and 6572 Denbigh Avenue (collectively the "Properties"). The offering represents a rare opportunity to acquire a well maintained low-rise building built and owned by the original owner. Fully leased to stable service-based businesses, 5501 Kingsway is competitively positioned in the trade area featuring ample signage opportunities, corner visibility and curb appeal, and a rare mix of secured underground parking & easily accessible surface parking stalls. The Properties are comprised of 3 legal parcels. 5501 Kingsway is improved by a 2-storey office building with underground parking. 6582 Denbigh Avenue is an above ground parking lot featuring 17 stalls. 6572 Denbigh Avenue is improved by a tenanted single family home. Furthermore, the Properties benefit from the optionality of redevelopment: the City of Burnaby has designated the properties in their Official Community
Location
Province BC
Community Forest Glen Bs
Area Burnaby South
Zoning C4R1
Others
Ownership Freehold
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