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5488 Imperial St 2,100 SF Retail Building Burnaby, BC V5J 1E6 $3,699,000 CAD ($1,761.43 CAD/SF) 1.95% Cap Rate
EXECUTIVE SUMMARY
Great opportunity to call this central property yours. Ideal for moving in or investment. This property is improved with two buildings, a warehouse facing the back lane and side street (Antrim Ave.), and a house facing Imperial Street. The property also has future redevelopment potential under the Royal Oak Urban Village Plan, on which the property is designated for Medium Density Mixed Use.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,100 SF
Building Class
C
Year Built
1963
Price
$3,699,000 CAD
Price Per SF
$1,761.43 CAD
Cap Rate
1.95%
NOI
$72,000 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.33
Lot Size
0.14 AC
Zoning
M4 - M4 Special Industrial
Parking
1 Spaces (0.48 Spaces per 1,000 SF Leased)
Frontage
49’ on imperial St
AMENITIES
- Bus Line
- Signage
- Smoke Detector
Walk Score®
Very Walkable (89)
Transit Score®
Excellent Transit (80)
Bike Score®
Very Bikeable (80)
NEARBY MAJOR RETAILERS
1 of 3
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5488 Imperial St
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