Retail for sale
2616 4500 Kingsway, Metrotown, Burnaby
$587,000
Features
Year Built
1998
Floor Area
500 sqft
Lot Size
500 sqft
Gross Property Tax
$6,852.09 /year
Building Type
Commercial Mix, Shopping Centre
Zoning
RM5
Amenities
Visitor Parking
Description
Great Investment property in the busy & unique Crystal Mall in the heart of Metrotown. The 500 sqft unit features a wide facade with great exposure, significant foot traffic with few steps to the food court, a RBC branch opposite the unit. Occupied by tenant. Considerable rent income & best time to invest now. This well-managed & famous comprehensive shopping mall attracts many professionals including dentists, lawyers, accountants, Royal Bank, restaurants, traveling agents, phone shops, Hilton 5-star 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. Hundreds of free customer parking. RM5 zoning allows variety business usage for retail store or professional office. Potentially driving higher sales and customer engagement while Metrotown is expanding to the second downtown of Vancouver.
MLS® Number C8059940