Prime Corner Investment Property
4909 Kingsway, Burnaby, BC
Recent Transactions$ 5,100,000
SUMMARY
This is a prime corner property across from Metrotown has very high visibility. The building has 1,965 square feet on the main floor and 1,855 square feet below and is fully tenanted.
Overview
4909 Kingsway is a prime corner investment property across from Metrotown at the corner of Kingsway and Nelson in Burnaby. With over 80,000 cars passing the property each direction everyday, the property provides extremely high drive by visibility for your commercial business. Many new developments are coming across the street in Metrotown. This property is ideal for an owner occupier or an investor looking to benefit from the growth in the area.
The 4900 block of Kingsway has an excellent mix of retailers including London Drugs, CIBC and Best Buy. The property is ideal for redevelopment with neighbouring properties.
The property is a one storey wood frame building with 1,965 square feet on the main floor and 1,855 square feet below. The land area is 4,847 square feet on the corner of Kingsway, Nelson and Newton.