4500 Kingsway #2322 Active

Burnaby,BC V5H 2A9

$ 808000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type Asset

MLS Listing ID C8069570

Year Built 1998

Property Sub-Type Retail

Property Description

Must see! Approx. 495 sq. ft. second-floor retail unit located in The Crystal Mall, a vibrant, high-traffic shopping center known for serving the local Asian community. Ideally situated at 4500 Kingsway, the corner of Willingdon Avenue in bustling Metrotown, and directly connected to the Hilton Vancouver Metrotown Hotel. High-exposure location, directly facing the main parking stairs. Suitable for retail, service business, or professional office use. Currently, tenanted on a renewable monthly lease. Attractive 3.8% CAP rate. BC Assessment value at $944,000 (July 2023) Take advantage of the potential for long-term property value growth in one of Burnaby's most sought-after Commercial Mall. One permanent parking permit. Whether you're an investor looking for reliable income or a business owner seeking prime retail space, this is an opportunity you don't want to miss. Contact for a viewing.

Location

Province BC

Community Metrotown

Area Burnaby South

Zoning CD,RM5,C3,P2

Others

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