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5488 Imperial St

3,500 SF Retail Building Burnaby, BC V5J 1E6 £2,058,890 (£588/SF) 1.95% Net Initial Yield

Executive Summary

Great opportunity to call this central property yours. Ideal for moving in or investment. This property is improved with two buildings, a warehouse facing the back lane and side street (Antrim Ave.), and a house facing Imperial Street. The property also has future redevelopment potential under the Royal Oak Urban Village Plan, on which the property is designated for Medium Density Mixed Use.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,500 SF
Building Class
C
Year Built
1963
Price
£2,058,890
Price Per SF
£588
Net Initial Yield
1.95%
NOI
£40,076
Tenancy
Single
Number of Floors
2
Building FAR
0.56
Lot Size
0.14 AC
Zoning
M4 - M4 Special Industrial
Frontage
49 ft on imperial St

Amenities

  • Bus Route
  • Signage
Walk Score ®
Very Walkable (88)
Transit Score ®
Excellent Transit (80)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

White Spot
RBC Royal Bank
TD Canada Trust
Anytime Fitness
Real Canadian Superstore
Tim Hortons
New York Fries
Uncle Tetsu
Thai Express
Nespresso
  • Listing ID: 31406295

  • Date on Market: 03/04/2024

  • Last Updated:

  • Address: 5488 Imperial St, Burnaby, BC V5J 1E6

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