1621 4500 Kingsway, Burnaby, British Columbia V5H 2A9

Listed for:

$598,800

0 beds

0 baths

Listed 311 days ago

1621 4500 Kingsway, Burnaby, British Columbia V5H 2A9

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Listing provided by:

RE/MAX City Realty

MLS® number:

C8052894

Agent:

Naomi Wang

Phone:

(778) 833-1688

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About

Investor alert! Great Investment Opportunity in The Crystal Mall at Metrotown! Prime Location: Main floor, a rare ultra-wide unit, with a renovated 23 feet wide glass wall to maximize advertising display and visibility. Located next to loading zone, offers convenience for business dropping or picking up goods. Versatile Space, no wasted area: Ideal for both retail and offices such as consulting services and express delivery business. In addition, the proximity to a highly popular Barber Shop and restaurant ensures a consistent flow of foot traffic, providing you with a built-in customer base. Relative low carrying cost, offers a steady cash flow with a cap rate 4-5%. (id:27476)

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Summary

Attention investors! An excellent investment opportunity is available at The Crystal Mall in Metrotown. This prime location offers a rare, ultra-wide unit on the main floor, featuring a renovated 23-foot wide glass wall designed to maximize advertising display and visibility. Its proximity to the loading zone provides added convenience for businesses involved in dropping off or picking up goods.

The space is versatile and efficiently designed, with no wasted area. It is suitable for a variety of uses, including retail and office spaces such as consulting services and express delivery businesses. Additionally, its close proximity to a popular barber shop and restaurant ensures a steady flow of foot traffic, providing a built-in customer base for potential tenants.

Furthermore, this property offers a relatively low carrying cost, providing a steady cash flow with a cap rate of 4-5%. This makes it an attractive investment opportunity for those looking for a consistent return on their investment.

This property is currently available for sale and is located at 1621 4500 Kingsway in the city of Burnaby, British Columbia. The postal code for this property is V5H2A9.

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