5501 Kingsway #6582&6572, Burnaby, BC V0V 0V0
5501 Kingsway #6582&6572, Burnaby, BC V0V 0V0
5501 Kingsway #6582&6572, Burnaby, BC V0V 0V0
5501 Kingsway #6582&6572, Burnaby, BC V0V 0V0

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Additional details
Nader Bakhoum,PMP, P.Eng.

Nader Bakhoum,PMP, P.Eng.

+1(604) 612-7228
$ 9,200,000
Est. payment | /mo

0.55 Acres Lot


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$ 9,200,000
Est. payment | /mo
Save

0.55 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type Asset

MLS Listing ID C8079051

Lot Size 0.550 Acres

Property Sub-Type Retail

Property Description

CBRE Limited is pleased to present the opportunity to acquire 5501 Kingsway, 6582 Denbigh Avenue, and 6572 Denbigh Avenue (collectively the "Properties"). The offering represents a rare opportunity to acquire a well maintained low-rise building built and owned by the original owner. Fully leased to stable service-based businesses, 5501 Kingsway is competitively positioned in the trade area featuring ample signage opportunities, corner visibility and curb appeal, and a rare mix of secured underground parking & easily accessible surface parking stalls. The Properties are comprised of 3 legal parcels. 5501 Kingsway is improved by a 2-storey office building with underground parking. 6582 Denbigh Avenue is an above ground parking lot featuring 17 stalls. 6572 Denbigh Avenue is improved by a tenanted single family home. Furthermore, the Properties benefit from the optionality of redevelopment: the City of Burnaby has designated the properties in their Official Community

Location

Province BC

Community Forest Glen Bs

Area Burnaby South

Zoning C4R1

Others

Ownership Freehold

REBGV/FVREB/Chilliwack (Commercial IDX)
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5501 Kingsway #6582&6572