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5068 Imperial Street in Burnaby: Metrotown Industrial for sale (Burnaby South)

5068 Imperial Street Burnaby V5J 1C8 : Metrotown

Main Photo: 5068 Imperial Street in Burnaby: Metrotown Industrial for sale (Burnaby South)
$3,990,000
Prop. Type:
Commercial
MLS® Num:
EXCLUSIVE
Status:
Active
Must See! Approx. 1,500 sqft free standing building on 7,945 SF land in Burnaby, prime Metrotown area. Currently under M4 industrial zone. In Royal Oak OCP, potential to redevelop into medium density multiple family residential in the future. Current occupied by a long term tenant with gross rent $6,000/month, lease will expire on Jan 31, 2025, with 1 of 5 years renew option. Demolition clause in the renew term. A rare opportunity for people who are looking for industrial property to hold and redevelopment in the future. Call now!
Price:
$3,990,000
Property Type:
Commercial
MLS® Num:
Exclusive
Status:
Active
Data was last updated February 8, 2023 at 04:40 AM (UTC)
RAYMOND LEUNG

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