4125 Hastings St
Burnaby, BC V5C 2J3
Admiral Boutique Hotel · Hospitality Property For Sale
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42 Rooms
Property Facts
| Property Type | Hospitality | No. Rooms | 42 |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built | 1994 |
| Lot Size | 1.19 AC | Parking Ratio | 0.31/1,000 SF |
| Building Size | 6,301 SF | Corridor | Interior |
| Zoning | C8, R5 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.19 AC |
| Building Size | 6,301 SF |
| No. Rooms | 42 |
| No. Stories | 2 |
| Year Built | 1994 |
| Parking Ratio | 0.31/1,000 SF |
| Corridor | Interior |
| Zoning | C8, R5 |
Amenities
- Business Center
- Restaurant
- On-Site Retail
- High Speed Internet Access
- Patio
- On-Site Bar
- Public Access Wifi
About 4125 HASTINGS ST , BURNABY, BC V5C 2J3
- The Subject Property is an excellent mixed-use development site situated in the increasingly popular Burnaby Heights neighbourhood. Existing in-place holding income also provides further attraction to developers to help alleviate holding costs associated with financing and the municipal permitting and approvals process. - Large urban development opportunity located within the focal point of the Burnaby Heights Urban Village within the Hastings Street Corridor, an area identified as a priority for revitalization. - Liquor store on site creates an excellent draw for retail uses at the Subject Property in addition to a wide mix of existing retailers and amenities in the area. - Potential to build up to 102,465 square feet upon rezoning, as well as additional density should the public lane be acquired from the City of Burnaby. - Demolition clauses contained in the commercial leases support redevelopment plans in the near to mid-term horizons. - Active development in the immediate area of Hastings Street and North Burnaby is reflective of the demand for new-build, mixed-use projects.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 42 | $126.00 | - |
