Retail for sale
488 Gamma Avenue, Capitol Hill BN, Burnaby
$1,698,000
Features
Year Built
2016
Floor Area
1,074 sqft
Gross Property Tax
$7,637.95 /year
Building Type
Low Rise (2-4 storeys), Mixed Use, Street-Level Storefront
Building / Complex Name
Montage
Zoning
CD
# of Parking Spaces
3
Amenities
Air Conditioning, Handicap Access/Facil, Washrooms Female/Male
Description
TURN-KEY DENTAL CLINIC in the highly sought-after Burnaby Heights neighbourhood! 488 Gamma Avenue presents 1,074 SF of streetfront retail at the base of the mixed-use "Montage" building, constructed in 2016. The property is currently tenanted until December 31, 2028 with potential to occupy earlier [ask agent for details]. For occupiers, this presents an opportunity to enjoy an income-producing asset until it is vacated, and for investors, there is tremendous upside to negotiate higher lease rates with a new dental clinic tenant. Burnaby Heights is a vibrant community with a mix of renowned restaurants, specialty shops, cafes, while also consistently welcoming new residents and businesses as the Hastings Corridor develops. Surrounded by schools, parks, and strong residential presence, businesses in the Heights are set-up for success.
MLS® Number C8066613