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5742 Beresford St 16,498 SF 100% Leased Industrial Building Burnaby, BC V5J 1J1 For Sale

INVESTMENT HIGHLIGHTS
- 0.96 Acre Redevelopment Site
- Convenience to SkyTrain, close to Royal Oak, Metrotown & Edmonds stations
- Ample onsite & street parking
- Community Plan: Royal Oak Urban Village
- Surrounded by a wide range of shops & restaurants
EXECUTIVE SUMMARY
Opportunity to purchase a high-exposure, redevelopment site in the Royal Oak area of South Burnaby. The property is accessed by key highways, public transport and rail; with Royal Oak Station a 8 minute walk away. The City of Burnaby has designated the property to be within the Urban Village of Royal Oak; specifically for Medium Density Multiple Family Residential use. The property is surrounded by a wealth of amenities, including shops, restaurants, theatres and schools.
The Royal Oak Area consists of approximately 560 acres of land along the Kingsway ridge between the two town centres of Metrotown and Edmonds. Beresford Avenue is roughly in the geographical centre of this area. The overall redevelopment concept is one of an urban village emphasizing low-rise buildings of generally two to four storeys, utilizing both single and mixed land use variants, and emphasizing a pedestrian oriented scale with urban design guidelines.
The Royal Oak Area consists of approximately 560 acres of land along the Kingsway ridge between the two town centres of Metrotown and Edmonds. Beresford Avenue is roughly in the geographical centre of this area. The overall redevelopment concept is one of an urban village emphasizing low-rise buildings of generally two to four storeys, utilizing both single and mixed land use variants, and emphasizing a pedestrian oriented scale with urban design guidelines.
PROPERTY FACTS
| Sale Type | Investment | Rentable Building Area | 16,498 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Service | Year Built | 1966 |
| Building Class | B | Parking Ratio | 0.06/1,000 SF |
| Lot Size | 0.96 AC | ||
| Zoning | M-2 - General Industrial | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | B |
| Lot Size | 0.96 AC |
| Rentable Building Area | 16,498 SF |
| No. Stories | 1 |
| Year Built | 1966 |
| Parking Ratio | 0.06/1,000 SF |
| Zoning | M-2 - General Industrial |
AMENITIES
- 24 Hour Access
- Bus Line
- Commuter Rail
- Security System
- Signage
- Air Conditioning
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Walk Score®
Very Walkable (82)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (81)
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5742 Beresford St
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