$698,000 FOR SALE

Commercial/Retail

Total Area: 457 ft2
Maintenance Fees: $559.17

4500 Kingsway #2312
Burnaby, BC V5H 2A9

Great Investment property in busy & unique Crystal Mall in the heart of Metrotown. The 457sqf unit features wide facade with great exposure, superior traffic with few steps to food court, and no waste layout. Long term tenant just renewed 3 years contract. Considerable rent income & best time to invest now. This well managed & famous comprehensive shopping mall attracts many professionals including dentists, lawyers, accountants, HSBC, restaurants, traveling agents, phone shops, Hilton 5 stars hotel, food supermarkets, hair salons, emigrated study abroad companies, characterized stores . This central complex surrounded by many tall towers and businesses. Two minutes walk to skytrain & buses. One designated parking included and hundreds of free customer parking. RM5 zoning allows variety business usage for retail store or professional office. Hold on this solid investment now as great potential to grow in coming years while Metrotown is expanding to second downtown of Vancouver. Cap rate: 4.9. (id:47423)

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Listed By Nu Stream Realty Inc.
Data Provided By Real Estate Board Of Greater Vancouver
MLS® Listing Number C8055764
Last Updated Nov 16, 2023
Property Summary
Property Type Commercial/Retail

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Maintenance Fees $559.17
Price History
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Detailed Information
Total Area 457 ft2
Maintenance Fee Payment Frequency Monthly
Property Type Retail
Transaction Type For sale
Zoning Description RM5
Building
Constructed Date 1998
Utilities
Type Description
CableAvailable
ElectricityAvailable

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