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7629 6TH Street
East Burnaby Burnaby V3N 3M6

$3,635,000
Land Commercial, Multi-Family Commercial

Main Photo: 7629 6TH Street in Burnaby: East Burnaby Land Commercial for sale (Burnaby East)  : MLS®# C8039583
Photo 1: 7629 6TH Street in Burnaby: East Burnaby Land Commercial for sale (Burnaby East)  : MLS®# C8039583
Photo 2: 7629 6TH Street in Burnaby: East Burnaby Land Commercial for sale (Burnaby East)  : MLS®# C8039583
Photo 3: 7629 6TH Street in Burnaby: East Burnaby Land Commercial for sale (Burnaby East)  : MLS®# C8039583
Photo 4: 7629 6TH Street in Burnaby: East Burnaby Land Commercial for sale (Burnaby East)  : MLS®# C8039583
Photo 5: 7629 6TH Street in Burnaby: East Burnaby Land Commercial for sale (Burnaby East)  : MLS®# C8039583
Photo 6: 7629 6TH Street in Burnaby: East Burnaby Land Commercial for sale (Burnaby East)  : MLS®# C8039583
Photo 7: 7629 6TH Street in Burnaby: East Burnaby Land Commercial for sale (Burnaby East)  : MLS®# C8039583
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8039583
ATTENTION DEVELOPERS AND INVESTORS! Opportunity to purchase a 18,000 SF development site within Burnaby’s SIXTH STREET COMMUNITY PLAN. Full drawings are complete and application is in process with the City of Burnaby. Currently at public hearing stage. Application consists of a Mixed use 6 storey building with commercial on the ground floor (7,500 SF / 4 UNITS) and 5 levels with a combination of residential market sale and rental (48,525 SF / 57 UNITS), for a total of 56,000 SF of Buildable. Great location as one of Burnaby's rapidly surging neighbourhoods. Currently generating $123,000+ in gross rental income per annum. Full information package available. Property to be sold in conjuction 7639 6th Street and 7873 14th Avenue.
Sale Type:
Asset
Property Type:
Land Commercial, Multi-Family Commercial
Land Use/Zoning:
CD
Taxes:
$4,720.71 / 2020
Services Connected:
Fully Serviced
Water Supply:
Municipal
Env Assmt Phase:
None
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
  • Photo 1: 7629 6TH Street in Burnaby: East Burnaby Land Commercial for sale (Burnaby East)  : MLS®# C8039583
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  • Photo 2: 7629 6TH Street in Burnaby: East Burnaby Land Commercial for sale (Burnaby East)  : MLS®# C8039583
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  • Photo 3: 7629 6TH Street in Burnaby: East Burnaby Land Commercial for sale (Burnaby East)  : MLS®# C8039583
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  • Photo 4: 7629 6TH Street in Burnaby: East Burnaby Land Commercial for sale (Burnaby East)  : MLS®# C8039583
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  • Photo 5: 7629 6TH Street in Burnaby: East Burnaby Land Commercial for sale (Burnaby East)  : MLS®# C8039583
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  • Photo 6: 7629 6TH Street in Burnaby: East Burnaby Land Commercial for sale (Burnaby East)  : MLS®# C8039583
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  • Photo 7: 7629 6TH Street in Burnaby: East Burnaby Land Commercial for sale (Burnaby East)  : MLS®# C8039583
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Listed by RE/MAX City Realty
Data was last updated September 24, 2021 at 04:00 AM (UTC)
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