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7520 6TH Street
East Burnaby Burnaby V3N 3M1

$1,999,900
Multi-Family Commercial

Main Photo: 7520 6TH Street in Burnaby: East Burnaby Multi-Family Commercial for sale (Burnaby East)  : MLS®# C8065138
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8065138
Attention all investors! An exceptional opportunity awaits in this burgeoning location, ripe for development and investment. Situated amidst a wave of new construction, the Sixth Street Area Plans endorse mixed-use development of up to 6 stories, featuring ground-level retail. This dynamic neighbourhood has witnessed the success of numerous multifamily projects in recent years, alongside the emergence of local businesses, fostering a lively community atmosphere. Moreover, the current C-4 zoning permits a variety of uses, including automotive showrooms, retail sales of auto parts, grocery stores, and various personal services, making it an attractive prospect for owner-users. Whether you're an owner-user, an investor eyeing future assembly opportunities, or a developer seeking a mixed-use.
Sale Type:
Asset
Construction:
Wood Frame
Name of Complex/Subdivision:
# Other Units:
Year built:
1950 (Age: 75)
Total Floor Area:
1,800 sq. ft.
Lot Area:
6,000 sq. ft.
Lot Depth:
0
Lot Frontage:
0'
Land Use/Zoning:
C4
Permitted Use:
Mixed Use
Taxes:
$5,086.12 / 2024
Water Supply:
Municipal
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 7520 6TH Street in Burnaby: East Burnaby Multi-Family Commercial for sale (Burnaby East)  : MLS®# C8065138
    Photo 1 of 1
Listed by Century 21 Coastal Realty Ltd.
Data was last updated February 19, 2025 at 04:35 AM (UTC)
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