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5488 Imperial St 2,100 SF Retail Building Burnaby, BC V5J 1E6 $2,683,021 USD ($1,277.63 USD/SF) 1.95% Cap Rate
Investment Highlights
- Located within the Royal Oak Urban Village Plan with mixed-use redevelopment potential.
- Corner exposure with access from Imperial Street and Antrim Avenue.
- Central Burnaby location near Metrotown and major transit corridors.
- Suitable for owner-users, investors, or developers seeking long-term upside.
Executive Summary
Great opportunity to call this central property yours. Ideal for moving in or investment. This property is improved with two buildings, a warehouse facing the back lane and side street (Antrim Ave.), and a house facing Imperial Street. The property also has future redevelopment potential under the Royal Oak Urban Village Plan, on which the property is designated for Medium Density Mixed Use.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,100 SF
Building Class
C
Year Built
1963
Price
$2,683,021 USD
Price Per SF
$1,277.63 USD
Cap Rate
1.95%
NOI
$52,224 USD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.33
Lot Size
0.14 AC
Zoning
M4 - M4 Special Industrial
Parking
1 Spaces (0.48 Spaces per 1,000 SF Leased)
Frontage
49’ on imperial St
Amenities
- Bus Line
- Signage
- Smoke Detector
Moderately walkable
70/100
Moderately drivable
70/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 3
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5488 Imperial St
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