2312 4500 Kingsway, Metrotown, Burnaby

$698,000 |   MLS® Number  C8055764

Retail for sale in Metrotown, Burnaby, Burnaby South, 2312 4500 Kingsway, 224960833 | Realtylink.org

Retail for sale

Year Built
1998
Floor Area
457 sqft
Gross Property Tax
$6,745.13 /year
Building Type
Low Rise (2-4 storeys), Shopping Centre
# of Elevators
1
Zoning
RM5
Amenities
Visitor Parking
98

Great Investment property in busy & unique Crystal Mall in the heart of Metrotown. The 457sqf unit features wide facade with great exposure, superior traffic with few steps to food court, and no waste layout. Long term tenant just renewed 3 years contract. Considerable rent income & best time to invest now. This well managed & famous comprehensive shopping mall attracts many professionals including dentists, lawyers, accountants, HSBC, restaurants, traveling agents, phone shops, Hilton 5 stars hotel, food supermarkets, hair salons, emigrated study abroad companies, characterized stores . This central complex surrounded by many tall towers and businesses. Two minutes walk to skytrain & buses. One designated parking included and hundreds of free customer parking. RM5 zoning allows variety business usage for retail store or professional office. Hold on this solid investment now as great potential to grow in coming years while Metrotown is expanding to second downtown of Vancouver. Cap rate: 4.9.