Great Investment Property!! M4 Zoned 2 Level Warehouse Building with over 3.5% 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, on a 5,297 SQ FT Property ! The Building is currently Leased out to an Automotive Repair Shop for $5,500/MO NNN . There is a second Tenant Upstairs Leasing 1 Large Office Space for $700/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.
- Asking Price:
- $2,450,000 (CAD)
- Sales Revenue:
- Available on request
- Cash Flow:
- Available on request
Property Information
- Location:
-
Burnaby
- Size in square feet:
- 3376 sq ft