7763-7777 KINGSWAY Burnaby, BC V3N 3C9

Commercial in Burnaby

7777 -- 7763 Kingsway (2 lots - 11,288 sf For Sale - Part of a land assembly totaling 62,799 sf) The premises are rectangular in shape with over 96 feet of frontage on Kingsway (over 40,000 passing vehicles per day), There are some street widening setbacks/easements by the city that need to be confirmed, this location benefits from proximity to an array of amenities close by from residential, retail & Metro town a major shopping centre. The premises are currently leased for $7500/month on a month to month basis. The subject property is zoned C4 which allows for its current use as an automobile showroom. Under the OCP the City of Burnaby may allow a change in zoning to CD allowing for med density residential. (Buyer to verify with City of Burnaby – current FSR 1.1 but you may get a 3.125 FSR as a rental building) Other surrounding properties may also be for sale, call LB for more details