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$ 3,600,000
Est. payment | /mo
0.37 Acres Lot
$ 3,600,000
Est. payment | /mo
0.37 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type Asset
MLS Listing ID C8075833
Lot Size 0.370 Acres
Property Sub-Type Retail
Property Description
Marcus & Millichap NNN Group is proud to represent this single-tenant investment property located at 7590 Kingsway, Burnaby, British Columbia. The property occupies a high-profile corner location at the intersection of Kingsway and 14th Avenue, offering direct frontage and prominent pylon signage along one of Burnaby's highest-traffic arterial corridors, which extends from East Vancouver in the northeast to New Westminster in the southwest. The site comprises approximately 16,108 SF of land and features a 3,696 SF building currently improved as an automotive shop with six grade-level drive-through doors. In addition to its current use, the property is well positioned for future redevelopment supported by the recently adopted Edmonds Community Plan, which designates the site as Medium Density Mixed Use (Low Rise Apartment 2). Prospective purchasers, upon delivery of a fully executed CA, will receive recently completed environmental reports. The subject property is being sold in "as is, where is" condition.
Location
Province BC
Community Edmonds Be
Area Burnaby East
Zoning CD, M1
Exterior
Utilities Available Electricity Connected, Garbage Collection, Natural Gas Connected
Building
Sewer Public Sewer, Storm Sewer
Water Public
Others
Ownership Freehold
Schools and Properties Nearby