MLS® C8078198

Industrial for Sale — Burnaby, BC

$3,999,998

7212 GILLEY AVENUE, Burnaby, BC V5J4X3

83
Walk Score
63
Transit
79
Bike
Walk Score® by Redfin
For SaleTurnkeyOwner-Operator
3,458 square feet
Floor area
7,442 square feet
Lot size
2014
Year built
83
Walk Score
63
Transit
79
Bike
Walk Score® by Redfin

Property details

Structured details

Zoning
M-4
Annual property tax
$20,745.57 (2025)
Lot dimensions
7442
Utilities
Natural Gas
Lot features
Lane

Listing Information

MLS®
C8078198
Listed
April 24, 2026
Time on market
143 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

WOW ' NEW LOWER PRICE! Rare opportunity to own both an established Auto-Mechanic business and freestanding commercial property at 7212 Gilley Avenue in Burnaby. Custom-Built, family-owned since 2014, this 3,458 SF building sits on a 7,442 SF high-exposure corner lot and features 3 bay doors, 3 hoists, 2,298 SF ground level, and plus a 1,160 SF second floor 3-bedroom suite for owner use or rental income. M4 zoning allows a variety of potential uses. Ideal for owner-operators or investors seeking a turnkey, income-generating opportunity with future upside. (id:63159)

Financing calculator

Estimate your monthly payment on the $3,999,998 asking price.

Financing details
Monthly debt service
$38,825
Cash required at close
$825,000
DSCR
Cash-on-cash return (yr 1)

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Location

Local market size (Burnaby)

Population
249,125(+7% since 2016)
Population density
2,750.6/km²
Median household income
$83,000

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
38.2%
Postsecondary below bachelor's
24.6%
High school diploma
25.9%
No certificate/diploma
11.3%

Population aged 15 and over.

Commute

Car, truck or van
71.0%
Public transit
21.5%
Walked
4.7%
Bicycle
0.9%
Other
1.8%

Commute duration

Under 15 min
16.3%
15–29 min
34.5%
30–44 min
31.7%
45–59 min
10.2%
60+ min
7.3%

Employed labour force with a usual workplace.

Mother Tongue

English38.9%
Mandarin12.8%
Yue (Cantonese)11.4%
Korean3.1%
Tagalog (Pilipino, Filipino)2.8%
Spanish2.2%
Punjabi (Panjabi)2%
Iranian Persian1.5%
Italian1.4%
Vietnamese1.3%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Passion1818 Sushi Kaya · 6360 Kingsway162m
  • MYST Asian Fusion · 6400 Kingsway162m
  • Szechuan Cuisine · 6408 Kingsway170m
  • Heat Pot · 6462 Kingsway214m
  • Lee Garden Seafood Restaurant · 6401 Kingsway216m

Cafes (3)

  • CoCo Fresh Tea & Juice · 6231 Kingsway260m
  • Tim Hortons · 6641 Kingsway406m
  • Kea's Meat & Deli · 6616 Beresford Street418m

Grocery (2)

  • King's Market · 6218 Kingsway193m
  • Persia Food · 6791 Kingsway672m

Parks (5+)

  • Burnaby South Memorial Park416m
  • Highland Park499m
  • Unnamed500m
  • Rene Memorial Park522m
  • Unnamed564m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Nearby transit

Eastbound Kingsway @ Gilley Ave171m
Westbound Kingsway @ Gilley Ave218m
Westbound Kingsway @ Arcola St250m
Eastbound Kingsway @ Arcola St342m
Eastbound Kingsway @ Waltham Ave376m
Westbound Kingsway @ Waltham Ave390m

Other commercial property types for sale in Burnaby

Frequently asked questions

What is the asking price for this business?

The asking price is $3,999,998.

Where is this business located?

This listing is located in Burnaby, British Columbia.

How current is this listing?

This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 15, 2026.