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5105-5109 Kingsway 3,440 SF 100% Leased Retail Building Burnaby, BC V5H 2E6 $5,124,252 USD ($1,489.61 USD/SF)
Investment Highlights
- Located within the Marlborough sub-area of the Metrotown Plan, offering strong redevelopment potential in a high-growth urban node.
- Positioned along the prominent Kingsway corridor, ensuring consistent visibility and access to significant pedestrian and vehicular traffic.
- Improved with a single-story multi-tenant commercial building currently generating $101,100 in annual holding income.
Executive Summary
Cushman & Wakefield is pleased to present the opportunity to acquire a development site in the Marlborough sub-area of the Metrotown Plan. The site is currently improved with a single storey, free-standing, multi-tenant, 3,440 square feet. commercial building on a 9,532 square foot lot. The Property generates an in-place holding net income of $101,000 per annum.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,440 SF
Building Class
C
Year Built
1974
Price
$5,124,252 USD
Price Per SF
$1,489.61 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.22 AC
Zoning
C4 - Service Commercial District
Parking
6 Spaces (1.6 Spaces per 1,000 SF Leased)
Frontage
69’ on Kingsway
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Very walkable
80/100
Fairly drivable
50/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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5105-5109 Kingsway
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