New property listed in Vancouver Heights, Burnaby North
Posted on
May 4, 2018
by
Paul Toffoli
I have listed a new property at 4411 HASTINGS ST in Burnaby.
Rare opportunity to purchase 132 ft of Hastings St frontage in desirable Burnaby Heights (between Willingdon & Rosser). This 14,179 sf property has good holding income, and is zoned C8A, which allows a max FAR of 3.0. Build ground floor retail with 3-4 stories of residential above. Current building is 8,900 sf mix of offices and retail. Annual Net Operating Income over $131,000 with good tenant mix and room for future rent increases. Contact the Listing Agent for more information
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