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Team 110 | Your Kamloops REALTOR®

2322 4500 Kingsway Burnaby, British Columbia V5H 2A9

495 ft2

$818,000

Maintenance,

$768 Monthly

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. 1 parking included. Currently, tenanted on a renewable monthly lease. Attractive 3.8% CAP rate. BC Assessment value at $944,000 (July 2023) Now listed at $818,000, with planned price reductions: $10,000 off on August 1, 2025. Additional $10,000 off on November 1, 2025. Take advantage of the potential for long-term property value growth in one of Burnaby's most sought-after Commercial Mall. 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. (id:61048)

Property Details

MLS® Number C8069570
Property Type Retail
Neigbourhood Metrotown

Building

Constructed Date 1998
Size Interior 495 Ft2

Land

Acreage No
Zoning Description Cd,rm5,c3,p2

https://www.realtor.ca/real-estate/28387697/2322-4500-kingsway-burnaby

Contact Us

Contact us for more information

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Raymond Leung
Personal Real Estate Corporation, Leung Real Estate Group

(604) 644-6482
www.410commercial.com/

RE/MAX City Realty
#101 - 2806 Kingsway
Vancouver, British Columbia V5R 5T5

(604) 439-2266
(604) 439-2299
www.cityrealty.ca

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