Royal Oak Industrial Site with Future Redevelopment Potential

6928 Palm Avenue, Burnaby, BC V5J 4M3
6928 Palm Avenue
11,922  SF
$ 8,288,888.00

Description

Address

6928 Palm Avenue, Burnaby, BC V5J 4M3

Opportunity

Lee & Associates is pleased to present the opportunity to acquire a 100% fee simple interest in 6928 Palm Avenue (“the Property”). This offering provides flexibility for both owners/users and investors. Conveniently located, it’s a mere two-minute walk from the Royal Oak SkyTrain station along the Expo Line, with easy access to the Trans-Canada Highway via Royal Oak Avenue. Furthermore, the area offers an array of amenities at Metrotown nearby.

Features

  • Owner/user or investor opportunity
  • Newly renovated offices
  • 18’ clear warehouse ceiling (approximate)
  • Flexible multi-tenant layout (potential for 4 to 6 tenants)
  • 5 grade loading doors
  • Fenced yard
  • New LED lighting, gas heaters in warehouse, and newly painted interior & exterior
  • 3-phase main electrical service
  • Two minute walk to Royal Oak station

Details

Price: $ 8,288,888.00
Property Size: 11,922
SF
Lot Size: 20,386
SF
Property Type: Industrial, Land
Property Status: For Sale
Zoning: M4
Year Built: 1977
Gross Taxes: $62,529.48 (2023)