7409 Conway Av
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7409 Conway Av
4,402 SF 100% Leased Industrial Building Burnaby, BC V5E 2P7 £1,875,759 (£426/SF) 3.25% Net Initial Yield
Executive Summary
Excellent South Burnaby Location !!!! Industrial Building Plus 2 level residential home on a 11,723 sq.ft Lot, zoning M-2. 2,400 sq.ft industrial building with approx. 1,702 sq.ft residential house located on Conway Ave, the second lot from the corner from Beresford St. 2 level house, main floor is a 3 bedrooms suite, upper floor is a 1 bedroom suite without kitchen. Currently, owner occupied Den area. All other space with month to month tenants provide approx. $110,000 net annual income. Great Holding property / or open your own auto mechanic and body shop.
Property Facts
Price | £1,875,759 | Lot Size | 0.23 AC |
Price Per SF | £426 | Rentable Building Area | 4,402 SF |
Sale Type | Investment | Number of Floors | 2 |
Net Initial Yield | 3.25% | Year Built | 1984 |
Property Type | Industrial | Parking Ratio | 1.36/1,000 SF |
Building Class | C | Clear Ceiling Height | 20 ft |
Price | £1,875,759 |
Price Per SF | £426 |
Sale Type | Investment |
Net Initial Yield | 3.25% |
Property Type | Industrial |
Building Class | C |
Lot Size | 0.23 AC |
Rentable Building Area | 4,402 SF |
Number of Floors | 2 |
Year Built | 1984 |
Parking Ratio | 1.36/1,000 SF |
Clear Ceiling Height | 20 ft |
Walk Score ®
Very Walkable (82)
Transit Score ®
Excellent Transit (74)
Bike Score ®
Very Bikeable (71)
zoning
Zoning Code | M2 (General Industrial District) |
M2 (General Industrial District) |
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7409 Conway Av
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