Retail for sale
2322 4500 Kingsway, Metrotown, Burnaby
$808,000
Features
Year Built
1998
Floor Area
495 sqft
Gross Property Tax
$7,067.57 /year
Building Type
High-Rise (5+ storeys)
Building / Complex Name
The Crystal Mall
Zoning
CD,RM5,C3,P2
# of Parking Spaces
1
Description
Must see! Approx. 495 sq. ft. second-floor retail unit located in The Crystal Mall, a vibrant, high-traffic shopping center known for serving the local Asian community. Ideally situated at 4500 Kingsway, the corner of Willingdon Avenue in bustling Metrotown, and directly connected to the Hilton Vancouver Metrotown Hotel. High-exposure location, directly facing the main parking stairs. Suitable for retail, service business, or professional office use. Currently, tenanted on a renewable monthly lease. Attractive 3.8% CAP rate. BC Assessment value at $944,000 (July 2023) Take advantage of the potential for long-term property value growth in one of Burnaby's most sought-after Commercial Mall. One permanent parking permit. Whether you're an investor looking for reliable income or a business owner seeking prime retail space, this is an opportunity you don’t want to miss. Contact for a viewing.
MLS® Number C8069570