2849 North Rd - Storefront FOR SALE


Burnaby, BC V3J 1G1
$6,700,000 CAD
604-263-2823
2849 North Rd, Burnaby, BC for Sale
$6,700,000 CAD
Storefront - FOR SALE
1/1
null | Request Cap Rate

2849 North Rd
Burnaby, BC V3J 1G1


HIGHLIGHTS

  • Ample on-site parking and convenient access to major highways and arterial routes
  • Established commercial and residential neighborhood with strong demographics
  • Located within a designated Transit-Oriented Development Area, offering strong redevelopment potential
  • Situated near Lougheed Mall and Burquitlam SkyTrain station for superior transit access
  • Prime location along North Road with excellent visibility and high traffic counts

OVERVIEW

his prime investment property at 2849 North Road offers a rare opportunity to acquire a well-positioned commercial asset in one of Burnaby’s most dynamic corridors. Located within an established commercial and residential neighborhood, the property benefits from exceptional exposure along North Road, a major arterial route connecting Burnaby, Coquitlam, and New Westminster. The site is strategically situated near Lougheed Mall and the new Burquitlam SkyTrain station, ensuring strong connectivity and high traffic volumes. The property features a two-story commercial building with a total building area of 10,882 square feet on a generous 17,032-square-foot lot. Zoned C-1 Commercial, the site supports a variety of retail and office uses, making it an attractive option for investors seeking stable income and long-term redevelopment potential. This asset offers excellent on-site parking and convenient access to major transportation routes, including Lougheed Highway and Highway 1. Its location within a thriving growth node, combined with Burnaby’s strong economic fundamentals and ongoing infrastructure investments, positions this property as a compelling acquisition for investors focused on both current income and future upside

FOR SALE DETAILS

PRICE

$6,700,000 CAD

PRICE/SF

$616 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

C1

APN/PARCEL ID

002-811-707

ASK ABOUT THIS PROPERTY

Fred ChoyRE/MAX Real Estate ServicesMore Info
604-263-2823

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Fred ChoyRE/MAX Real Estate ServicesMore Info
604-263-2823

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.