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6907-6927 Kingsway 2,804 SF Retail Condo Unit Offered at $4,490,606 in Burnaby, BC V5E 1E5
Investment Highlights
- Corner lot location at Kingsway and Griffiths with strong visibility and signage opportunities
- Two-level concrete building constructed in 1993, offering long-term durability
- Excellent walkability, transit access, and proximity to major retailers and services
- Potential to rezone to Comprehensive Development (CD) under the OCP for future redevelopment
Executive Summary
Situated on a prominent corner lot at Kingsway and Griffiths Avenue, 6907 Kingsway is part of a two-storey concrete retail condominium built in 1993. The building spans approximately 4,450 square feet and sits on a 0.19-acre parcel with C-4 zoning, offering freeway visibility, signage opportunities, and excellent transit access. An 800-square-foot upstairs corner office is currently available for lease at $1,200 per month, inclusive of utilities. The site benefits from high walkability and bike scores, and is surrounded by major retailers and urban amenities, making it attractive for both investors and tenants seeking visibility and convenience.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 002-543-184, 002-543-192, 002-543-818 |
| Sale Type | Investment |
| APN/Parcel ID | 002-543-184, 002-543-192, 002-543-818 |
Description
An upstairs corner office suite, approximately 2,804 square feet, is immediately available for lease at an all-inclusive monthly rate. Located within a well-maintained two-level retail building, this space is ideal for businesses seeking an accessible and visible setting along Burnaby’s Kingsway corridor.
Sale Notes
This two-level, 4,450-square-foot retail building occupies a prominent corner lot at Kingsway and Griffiths in Burnaby. With its solid reinforced concrete construction and C-4 zoning, the property offers exceptional durability and long-term investment security. The site spans approximately 51.7 by 160.5 feet on 0.24 acres and generates a stable annual NOI of $67,000, presenting an attractive income-producing opportunity.
Strategically positioned along one of Burnaby’s main commercial corridors, the property delivers excellent visibility, signage opportunities, and strong consumer traffic. It is well-integrated into a dense urban area with convenient transit access, high walkability scores, and proximity to major retailers and essential services. Beyond current income stability, future upside exists through a potential rezoning to Comprehensive Development.
Strategically positioned along one of Burnaby’s main commercial corridors, the property delivers excellent visibility, signage opportunities, and strong consumer traffic. It is well-integrated into a dense urban area with convenient transit access, high walkability scores, and proximity to major retailers and essential services. Beyond current income stability, future upside exists through a potential rezoning to Comprehensive Development.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 6908 | 2,804 SF | Retail | $4,490,606 USD ($1,601.50 USD/SF) | - |
Unit 6908
| Unit Size |
| 2,804 SF |
| Condo Use |
| Retail |
| Price |
| $4,490,606 USD ($1,601.50 USD/SF) |
| NOI |
| - |
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Unit 6908
| Unit Size | 2,804 SF |
| Condo Use | Retail |
| Price | $4,490,606 USD ($1,601.50 USD/SF) |
| NOI | - |
| Sale Type | Investment |
| APN/Parcel ID | 002-543-184, 002-543-192, 002-543-818 |
| Description | |
| An upstairs corner office suite, approximately 2,804 square feet, is immediately available for lease at an all-inclusive monthly rate. Located within a well-maintained two-level retail building, this space is ideal for businesses seeking an accessible and visible setting along Burnaby’s Kingsway corridor.</li></ul> | |
| Sale Notes | |
| This two-level, 4,450-square-foot retail building occupies a prominent corner lot at Kingsway and Griffiths in Burnaby. With its solid reinforced concrete construction and C-4 zoning, the property offers exceptional durability and long-term investment security. The site spans approximately 51.7 by 160.5 feet on 0.24 acres and generates a stable annual NOI of $67,000, presenting an attractive income-producing opportunity.<br> <br> Strategically positioned along one of Burnaby’s main commercial corridors, the property delivers excellent visibility, signage opportunities, and strong consumer traffic. It is well-integrated into a dense urban area with convenient transit access, high walkability scores, and proximity to major retailers and essential services. Beyond current income stability, future upside exists through a potential rezoning to Comprehensive Development.</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 | 2,804 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 2,804 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1993 |
| Building Class | C | Lot Size | 0.24 AC |
| Zoning | C4 - Commercial | ||
| Total Building Size | 2,804 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 2,804 SF |
| Year Built | 1993 |
| Lot Size | 0.24 AC |
| Zoning | C4 - Commercial |
Amenities
- Bus Line
- Freeway Visibility
- Signage
- Signalized Intersection
Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 12
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Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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6907-6927 Kingsway
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