Burnaby Retail Spaces for Sale - Page 2

Burnaby Retail Space for Sale

Banks Drug Stores Retail Buildings Grocery and Convenience Stores Gas Stations Auto Shops Storefront Properties Mixed Use Properties

7328 Arcola St

Burnaby, BC V5E 0A8

Office/Retail for Sale
Price Upon Request
23,956 SF
1 Unit Available

Burnaby Multifamily for Sale

Price, Cap Rate, and NOI disclosed upon a signed CA. Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity to acquire the commercial podium at Esprit 1 (the “Property”) located at the high traffic intersection of Edmonds Street and Kingsway in Burnaby’s Edmonds neighbourhood. The Property comprises one air space parcel totaling 52,676.42 square feet which includes 23,956 sq. ft. of leasable area. A diverse mix of tenants occupy the fully leased Property with lease expiry dates ranging from 2025 to 2034. The Property is the commercial component of BOSA Properties’ Esprit 1, a 28-story mixed-use building with 171 residences. The immediate area provides an ample offering of desirable shops, services, and restaurants along the Kingsway corridor and into the nearby city of New Westminster. Conveniently accessible via walking and vehicle distance from the surrounding residential communities, the Property’s location is transit-oriented with numerous bus routes operating along Kingsway daily and the Edmonds SkyTrain Station located a 3 minute drive away. This offering presents investors with an exceptional opportunity to acquire a fully leased commercial property that is ideally located in a vibrant and growing community in southeast Burnaby.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2025-06-06

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Development Site 7471 & 7481 Edmonds St

Retail for Sale
Price Upon Request
3,730 SF
2 Retail Properties

Burnaby Portfolio of properties for Sale

his offering presents an opportunity to acquire two adjoining commercial sites on Edmonds Street in Burnaby, BC, totaling approximately 14,904 square feet. Each lot may be purchased separately, providing flexibility for owner-occupiers or investors seeking holding income with future redevelopment potential. The properties are strategically located between Kingsway and Canada Way, within the Edmonds Town Centre area, a vibrant and transit-oriented neighborhood anchored by the Expo Line’s Edmonds SkyTrain Station. The site benefits from a draft area plan allowing for a maximum floor space ratio (FSR) of 3.0, supporting a potential gross buildable area of up to 44,712 square feet. Proposed rezoning under the Edmonds Town Centre Community Plan envisions a 6- to 8-storey mixed-use development, making this an attractive assembly or redevelopment play. Current improvements include two freestanding buildings totaling 3,730 square feet, with one property vacant and the other leased to local businesses, providing interim income. This location offers excellent connectivity to major arterial routes, public transit, and community amenities such as Highgate Village Shopping Centre, Edmonds Community Centre, and Edmonds Park. With strong surrounding residential density and ongoing urban growth, this property represents a rare opportunity to secure a future development site in one of Burnaby’s most dynamic neighborhoods.