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4775 Hastings St 2,483 SF Retail Building Burnaby, BC V5C 2K8 $7,500,000 CAD ($3,020.54 CAD/SF)
INVESTMENT HIGHLIGHTS
- Potential for condo or rental development.
- Surrounded by an abundance of local amenities, including parks and schools, and just minutes from the countless retail amenities along Hastings Street
- Prominent corner site ideally configured for residential above retail.
EXECUTIVE SUMMARY
Opportunity to acquire a mixed-use development site with potential for condo and rental development in the Burnaby Heights neighborhood. Located on the northwest corner of Hastings Street and Gamma Avenue in Burnaby, this 13,507 sq. ft. development site is designated for medium density under the Official Community Plan. The site features all the location amenities sought after by buyers and renters – easy access to shopping, parks, and schools.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,483 SF
Building Class
C
Year Built
1969
Price
$7,500,000 CAD
Price Per SF
$3,020.54 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.31 AC
Zoning
C4A - Service Commercial District
Frontage
68’ on hastings St
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (87)
NEARBY MAJOR RETAILERS
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4775 Hastings St
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