Residential home sales get a lot of attention in Burnaby, but what about commercial properties?
It's a valuable market: so what were the most expensive properties sold last year? Read on.
6401 Kingsway
- Sold for $10,300,000
- Neighbourhood:
- Lot size: 32,234 sq. ft. (0.74 acres)
- : "Well-positioned for future mixed-use development," "sizable building at over 10,000 square-feet with near-term lease expiries" and two restaurant tenants
- Sold March 10 after 115 days on market
Four industrial strata units
- ; ; ;
- Each unit listed as sold for $7,000,000
- Neighbourhood:
- Land size: Between 10,216 sq. ft. and 16,671 sq. ft. for each unit, according to BC Assessment
- : "Convenient transportation access for supply chain logistics connecting to all municipalities across the Lower Mainland"
- Sold June 1 after 114 days on market
7305 Buller Ave.
- Sold for $6,750,000
- Neighbourhood:
- Land size: 23,000 sq. ft., according to BC Assessment
- : "Just over half an acre of entitled industrial land with warehouse and yard within 700m of the Royal Oak SkyTrain," approved development permit/building permit for "state of the art autobody shop"
- Sold Dec. 8, 2022 after zero days on market (reported April 2023)
6011 Hastings St.
- Sold for $6,450,000
- Neighbourhood:
- Land size: 12,018 sq. ft., according to BC Assessment
- A two-storey building with Italian pizza restaurant with wood-fired pizza oven on lwoer level and ready-to-tenant upstairs office space; "prime for redevelopment"
- Sold Nov. 17 after 170 days on market
3887 Second Ave.
- Sold for $4,875,000
- Neighbourhood:
- Lot size: 12,197 sq. ft.
- Property has an approximately 8,374 sq. ft. freestanding two-storey building built in the 1980s with "concrete tilt-up walls and a metal clad exterior" and 12 surface parking stalls, currently used as a data centre
- Sold Dec. 15, 2022 after 216 days on market (reported March 2023)
3736 Parker St.
- Sold for $4,680,000
- Neighbourhood:
- Building size: 6,978 sq. ft.
- : Showroom area, two grade loading doors, three phase power, 12-foot ceiling, onsite parking
- Sold Aug. 29 after 131 days on market
SL 5 4289 Dawson St.
- Sold for $3,700,000
- Neighbourhood:
- Building size: 2,665 sq. ft.
- : Four exclusive parking stalls
- Sold Nov. 28 after 82 days on market
5462 Imperial St.
- Sold for $3,365,000
- Neighbourhood:
- Land size: 6,273 sq. ft., according to BC Assessment
- : "Single tenant investment property with re-development potential to four-storey mixed use under current OCP," current use is auto repair facility
- Sold July 14 after 70 days on market
120-5118 North Fraser Way
- Sold for $3,315,000
- Neighbourhood:
- Building size: 5,180 sq. ft.
- Listing features: Strata unit with dock and grade loading doors with 25-foot clear ceiling heights and office space
- Sold Jan. 19 after 108 days on market
