6907-6927 Kingsway - Storefront Retail/Office CONDO FOR SALE


Burnaby, BC V5E 1E5
$6,200,000 CAD
604-257-8888
6907-6927 Kingsway, Burnaby, BC for Sale
$6,200,000 CAD
Storefront Retail/Office CONDO - FOR SALE
1/11
null | Request Cap Rate

6907-6927 Kingsway
Burnaby, BC V5E 1E5


HIGHLIGHTS

  • Corner lot location at Kingsway and Griffiths with strong visibility and signage opportunities
  • Excellent walkability, transit access, and proximity to major retailers and services
  • Two-level concrete building constructed in 1993, offering long-term durability
  • Potential to rezone to Comprehensive Development (CD) under the OCP for future redevelopment

OVERVIEW

This two-level, 4,450-square-foot retail building occupies a prominent corner lot at Kingsway and Griffiths in Burnaby. With its solid reinforced concrete construction and C-4 zoning, the property offers exceptional durability and long-term investment security. The site spans approximately 51.7 by 160.5 feet on 0.24 acres and generates a stable annual NOI of $67,000, presenting an attractive income-producing opportunity. Strategically positioned along one of Burnaby’s main commercial corridors, the property delivers excellent visibility, signage opportunities, and strong consumer traffic. It is well-integrated into a dense urban area with convenient transit access, high walkability scores, and proximity to major retailers and essential services. Beyond current income stability, future upside exists through a potential rezoning to Comprehensive Development.

FOR SALE DETAILS

PRICE

$6,200,000 CAD

PRICE/SF

$2,211 CAD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

2,804 SF

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,246 SF

ZONING

C4

APN/PARCEL ID

002543184,002543192

ASK ABOUT THIS PROPERTY

Rimpy HothiSutton Group-West Coast RealtyMore Info
604-257-8888

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Rimpy HothiSutton Group-West Coast RealtyMore Info
604-257-8888

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