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$ 808,000
Est. payment /mo
Active
4500 Kingsway #2322 Burnaby, BC V5H 2A9
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type Asset
MLS Listing ID C8069570
Year Built 1998
Property Sub-Type Retail
Property Description
Must see! Approx. 495 sq. ft. second-floor retail unit located in The Crystal Mall, a vibrant, high-traffic shopping center known for serving the local Asian community. Ideally situated at 4500 Kingsway, the corner of Willingdon Avenue in bustling Metrotown, and directly connected to the Hilton Vancouver Metrotown Hotel. High-exposure location, directly facing the main parking stairs. Suitable for retail, service business, or professional office use. Currently, tenanted on a renewable monthly lease. Attractive 3.8% CAP rate. BC Assessment value at $944,000 (July 2023) Take advantage of the potential for long-term property value growth in one of Burnaby's most sought-after Commercial Mall. One permanent parking permit. Whether you're an investor looking for reliable income or a business owner seeking prime retail space, this is an opportunity you don't want to miss. Contact for a viewing.
Location
Province BC
Community Metrotown
Area Burnaby South
Zoning CD,RM5,C3,P2
Exterior
Total Parking Spaces 1
Others
Ownership Freehold
Virtual Tour https://youtu.be/Vuqlj1lii5g?si=wa7xO7SlVBVxuTMT
