Retail for sale

34 8650 Cinnamon Drive, Forest Hills BN, Burnaby

$670,000 or
Retail for sale in Forest Hills BN, Burnaby, Burnaby North, 34 8650 Cinnamon Drive, 224962317 | Realtylink.org
$670,000 or

Retail for sale

34 8650 Cinnamon Drive, Forest Hills BN, Burnaby

Features

Lifestyle
224962317 670000 /en/retail~for-sale~forest-hills-bn-burnaby/224962317?view=Summary /en/retail~for-sale~forest-hills-bn-burnaby/224962317/photos 49.2642200000 -122.9145800000 true
Year Built
1984
Floor Area
967 sqft
Gross Property Tax
$3,487.47 /year
Building Type
Mixed Use
Building / Complex Name
Mountainside Village
Zoning
CD
Amenities
Balconies, Handicap Access/Facil, Paved Yard, Storefront, Washrooms Female/Male

Description

Discover a prime retail investment opportunity with a solid 5.3% CAP rate, featuring a hands-off asset anchored by a well-established and long term pizza tenant. Recently renewed lease ensures steady income, making it an attractive acquisition for savvy investors. Thoughtfully situated within a vibrant townhome community, this restaurant caters to residents, Forest Grove Elementary students, soccer field attendees, and SFU students. Contact listing agents for more information.
MLS® Number C8057248

Listing REALTORS®

Kelvin Luk, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Kelvin Luk

REALTOR®, Personal Real Estate Corporation

Macdonald Commercial Real Estate Services Ltd.

William Maunsell, REALTOR<sup>®</sup>, Personal Real Estate Corporation

William Maunsell

REALTOR®, Personal Real Estate Corporation

Macdonald Commercial Real Estate Services Ltd.

Jonathan Kan, REALTOR<sup>®</sup>

Jonathan Kan

REALTOR®

Macdonald Commercial Real Estate Services Ltd.

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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