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Freestanding Retail Building in North Burnaby with Redevelopment Potential

4071 Hastings St, Burnaby, BC V5C 2J1, Canada

1,938 SF

Sold
  • Description
  • Address
  • Details
  • Features
  • Video

Description

Opportunity

To obtain a prime freehold asset currently occupied as a hair salon and convenience store that can be retained as an investment property. Developed as multi-family 4 story development in conjunction with the neighbor or occupied as an owner user.

Location and Redevelopment

4071 Hastings Street is situated in a rapidly developing area just steps from the busy intersection of Hastings and Gilmore. Many new mixed-use developments have recently been constructed which have re-shaped the streetscape of this vital and desirable area. Future development will allow for mixed-use commercial on the property including retail, office, and residential. This is a similar format to the recently completed mixed-use developments west of Willingdon.

Features

  • Excellent exposure and visibility
  • Prominent signage
  • High traffic counts
  • Strong demographics
  • Lane access
  • On-site parking
  • Can accommodate two tenants

Video

  • Address: 4071 Hastings Street
  • City: Burnaby
  • Province: British Columbia
  • Postal Code: V5C 2J1
  • Country: Canada

Details

Updated on April 22, 2021

  • Property Size: 1,938 SF
  • Land Area: 4,148.00 SF
  • Property Type: Retail, Development
  • Property Status: Sold

Additional Details

  • Zoning: C8
  • Property Taxes (2020): $14,459.35