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3871 North Fraser Way 3,175 SF Flex Condo Unit Offered at $1,238,561 in Burnaby, BC V5J 5G6
Investment Highlights
- Strategic location with quick access to Marine Way, Highway 1, and Highway 91 for regional connectivity
- Functional design with warehouse space and mezzanine office for flexible use
- Located in Burnaby’s sought-after Fraser Way industrial corridor with strong market fundamentals
- Minutes from Metrotown, Downtown Vancouver, and Vancouver International Airport
- Grade-level loading door and clear ceiling heights up to 22 feet for operational efficiency
Executive Summary
This industrial strata unit is located in Burnaby’s highly desirable Fraser Way industrial corridor, offering a strategic position for businesses seeking connectivity and operational efficiency. The property provides excellent access to major transportation routes, including Marine Way, Highway 1, and Highway 91, ensuring seamless distribution throughout Metro Vancouver. Situated just 5 minutes from Metrotown, 25 minutes from Downtown Vancouver, and 15 minutes from Vancouver International Airport, the location supports both local and regional business operations.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 017-319-609 |
| No. Parking Spaces | 3 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 3 |
| APN/Parcel ID | 017-319-609 |
Description
The unit features a functional layout with a main floor warehouse and mezzanine office, ideal for light industrial, warehousing, and office uses. Key features include grade-level loading, clear ceiling heights ranging from 11 to 22 feet, and a 10’ x 12’ loading door, providing flexibility for various operational needs. The property also includes three dedicated parking stalls, one loading deck, and a handicapped-accessible washroom.
Sale Notes
This offering is well-suited for owner-users or investors seeking a prime industrial asset in a supply-constrained market. With Burnaby’s strong industrial fundamentals and limited availability of strata units, this property represents a rare opportunity to secure a foothold in one of Metro Vancouver’s most dynamic industrial hubs.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 11 | 3,175 SF | Flex | $1,238,561 USD ($390.10 USD/SF) | - |
Unit 11
| Unit Size |
| 3,175 SF |
| Condo Use |
| Flex |
| Price |
| $1,238,561 USD ($390.10 USD/SF) |
| NOI |
| - |
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Unit 11
| Unit Size | 3,175 SF |
| Condo Use | Flex |
| Price | $1,238,561 USD ($390.10 USD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 3 |
| APN/Parcel ID | 017-319-609 |
| Description | |
| The unit features a functional layout with a main floor warehouse and mezzanine office, ideal for light industrial, warehousing, and office uses. Key features include grade-level loading, clear ceiling heights ranging from 11 to 22 feet, and a 10’ x 12’ loading door, providing flexibility for various operational needs. The property also includes three dedicated parking stalls, one loading deck, and a handicapped-accessible washroom.</li></ul> | |
| Sale Notes | |
| This offering is well-suited for owner-users or investors seeking a prime industrial asset in a supply-constrained market. With Burnaby’s strong industrial fundamentals and limited availability of strata units, this property represents a rare opportunity to secure a foothold in one of Metro Vancouver’s most dynamic industrial hubs.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 27,346 SF | Typical Floor Size | 13,673 SF |
| Property Type | Industrial (Condo) | Year Built | 1993 |
| Property Subtype | Warehouse | Lot Size | 4.08 AC |
| Building Class | C | Parking Ratio | 1.54/1,000 SF |
| Floors | 2 | ||
| Zoning | M-3 - Industrial | ||
| Total Building Size | 27,346 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 13,673 SF |
| Year Built | 1993 |
| Lot Size | 4.08 AC |
| Parking Ratio | 1.54/1,000 SF |
| Zoning | M-3 - Industrial |
Amenities
- Mezzanine
Fairly walkable
40/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
70/100
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3871 North Fraser Way
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