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$ 7,200,000
Est. payment | /mo
0.41 Acres Lot
$ 7,200,000
Est. payment | /mo
0.41 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type Asset
MLS Listing ID C8081861
Lot Size 0.410 Acres
Property Description
CBRE Limited is pleased to present the opportunity to acquire 5501 Kingsway and 6582 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 2 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. Furthermore, the Properties benefit from the optionality of redevelopment: the City of Burnaby has designated the properties in their OCP.
Location
Province BC
Community Forest Glen Bs
Area Burnaby South
Zoning C4
Exterior
Total Parking Spaces 44
Building
Story 2
Others
Ownership Freehold
Schools and Properties Nearby
Learn More About LPT Realty
Karan Kundhal PREC*
Agent License ID: 188983