Residential | Commercial


For Sale in Burnaby

7147 RUSSELL AVENUE, Burnaby, British Columbia V5J4R8 Canada


  • PRICE$1,900,000
  • SQ. FEET3527
  • PROPERTY TYPEIndustrial

Great Investment Property!! M4 Zoned 2 Level Warehouse Building with approximately 4% Cap Rate near Metrotown, with 2,509 SQ FT of Warehouse/Office Space on main level, 867 SQ FT of Office Space on the Second level and additional Storage Space of 151 SQ FT Property! The Building is currently Leased out to an Automotive Repair Shop for $5500/MO NNN for 2 Years + 3 Year Renewal. There is a second Tenant Upstairs Leasing 1 Large Office Space for $800/MO Gross including Utilities! Currently, there is 200 Amp Single Phase Power in the Building, however Power can be Upgraded to 3 Phase at a reasonable cost. The Fixtured Auto Repair Tools in the Automotive Repair Shop must be purchased for an additional $50,000. (id:9345)...
Transaction Type: For sale
Building Type:
Ownership Type:
Lease Per Unit: square feet
Zoning Description: M4
Constructed Date: 1970

This is for sale in Burnaby and its located at 7147 RUSSELL AVENUE, Burnaby, British Columbia V5J4R8. This property's asking price is $1,900,000. This property has 3527 sqft covered area.

To get more information about 7147 RUSSELL AVENUE, Burnaby, British Columbia V5J4R8, Please call:
Sameer Kaushal: 604.897.9575

TS:
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