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6360 Kingsway 9,632 SF 100% Leased Retail Building Burnaby, BC V5E 1C5 $2,785,260 USD ($289.17 USD/SF)
INVESTMENT HIGHLIGHTS
- Freestanding retail building, 5,320 SF
- C-4 zoning, redevelopment potential
- High exposure on Kingsway corridor
- Built in 1949, three-storey structure
- Fully leased, strong investment asset
EXECUTIVE SUMMARY
Great investment opportunity to won a freestanding commercial building in a central location of developing area near High Gate Centre, Burnaby. Good exposure on Kingsway with access off lane to paved secured parking. Well established businesses in place with leases. Great investment with lots of future potential.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,632 SF
Building Class
C
Year Built
1949
Price
$2,785,260 USD
Price Per SF
$289.17 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.38
Lot Size
0.16 AC
Zoning
C4 - Service Commercial District
Parking
7 Spaces (0.73 Spaces per 1,000 SF Leased)
Frontage
69’ on Kingsway
AMENITIES
- Bus Line
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Storage Space
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (78)
NEARBY MAJOR RETAILERS
1 of 3
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6360 Kingsway
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