Commercial Buildings Space for Sale in Burnaby

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102 6588 Royal Oak Avenue
Metrotown Burnaby V5H 3P4

$1,850,000
Commercial Sale

View of property
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
C8067341
Build. Type:
Mixed Use
Fantastic investment property with stable income in the heart of Metrotown! Seller will lease back, providing immediate rental returns. Located just half a block south of Kingsway, this property boasts excellent exposure along the bustling Royal Oak Ave. Currently operating as an education center, the C2 zoning allows for a wide range of commercial uses. The well-maintained space features five classrooms (or offices), two washrooms, air conditioning, and both front & back door access. Includes three dedicated parking spots and is conveniently close to SkyTrain and Metrotown shopping. Don't miss this prime commercial property with a secure tenant in place!
Sale Type:
Asset
Property Type:
Commercial Sale
Commercial Type:
Retail
Construction:
Frame Wood
Building Type:
Mixed Use
Year built:
2009 (Age: 16)
Living Area:
1,359 sq. ft.
Retail Size:
1,359 sq. ft.
Title to Land:
Freehold
Lot Area:
0 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
Yes
Services Connected:
Electricity Connected, Garbage Collection
Sewer:
Public Sewer
Parcel Number:
028054571
Taxes:
$14,125.24 / 2024
No
3.255% ON THE FIRST $ 100,000 AND 1.1625% ON THE BALANCE
Water Supply:
Public
Water Rights:
No
Roof:
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 102 6588 Royal Oak Avenue in Burnaby: Metrotown Commercial Sale for sale (Burnaby South) : MLS®# C8067341
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Listed by Royal Pacific Riverside Realty Ltd.
Data was last updated April 8, 2025 at 04:10 AM (UTC)
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