Industrial for sale
8705 Government Street, Government Road, Burnaby
$6,600,000
Features
Year Built
1985
Lot Size
36,155 sqft
Gross Property Tax
$26,048.80 /year
Building Type
Quasi Retail
Building / Complex Name
Wellscan
Zoning
M5
Subject Property Width
147.9 ft
Subject Property Depth
249 ft
Amenities
Mezzanine, Storage, Visitor Parking
Ceiling Height
18 ft
# of Docks
4
Description
CAMERON area of Burnaby- North side of Government St, East of Cariboo Rd. The property is currently zoned M5 (Light Industrial) and is .829 acres or 36,155 sqft. of land. Currently there is an industrial building of approximately 8,009 sq.ft. The property is located in the Lougheed Town Centre Community Plan which will allow for a Low or Medium Density Multiple Family Residential. Property could be re-zoned to "ground oriented" RM2 designation which would allow for townhomes. Condominiums would not be allowed on this property according to City of Burnaby. Density allowed would be FAR 1.0 so maximum building footprint would be 36,155 sq.ft. on 2-3 levels. The neighbouring property at 8745 Government Street is a 27 unit townhome complex on 44,705 sq.ft property and is a housing unit for Habitat for Humanity.
MLS® Number C8025230