6558 Kingsway - Restaurant FOR SALE


Burnaby, BC V5E 1C5
$5,600,000 CAD
604-230-3772
6558 Kingsway, Burnaby, BC for Sale
$5,600,000 CAD
Restaurant - FOR SALE
1/15
null | Request Cap Rate

6558 Kingsway
Burnaby, BC V5E 1C5


HIGHLIGHTS

  • Prominent corner property with approximately 133 feet of Kingsway frontage.
  • Located within Burnaby's Edmonds Community Plan Area.
  • Existing restaurant operation established in the community for over 47 years.
  • Convenient access to transit, shopping, and major transportation routes.
  • On-site parking supports current commercial operations.
  • Potential future redevelopment opportunity subject to municipal approvals.

OVERVIEW

Exceptional Burnaby Investment & Redevelopment Opportunity! Rare opportunity to acquire a prominent 15,483 sq. ft. corner property with approximately 133 feet of frontage along Kingsway, providing outstanding visibility and exposure. The property is home to a long-established restaurant serving the Burnaby community for over 47 years. Located within Burnaby's Edmonds Community Plan Area and governed by the Burnaby 2050 Official Community Plan, this high-profile site offers excellent potential for future redevelopment, subject to City of Burnaby approvals. The corner location, generous frontage, ample on-site parking, and proximity to transit, shopping, and major transportation routes make this an exceptional opportunity for investors, developers, and owner-users. Buyer to verify all zoning, permitted uses, redevelopment potential, density, and development opportunities with the City of Burnaby.

FOR SALE DETAILS

PRICE

$5,600,000 CAD

PRICE/SF

$1,224 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,874 SF

ZONING

C7

APN/PARCEL ID

000959791

ASK ABOUT THIS PROPERTY

Phil MooreRe/Max Crest BurnabyMore Info
604-230-3772

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

Phil MooreRe/Max Crest BurnabyMore Info
604-230-3772

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