6861 Hastings Street

For Sale | Industrial | ± 5,515 SQFT | $4,798,000
Overview

William Wright is pleased to present the opportunity to acquire a mixed-use freestanding industrial building located on Hastings Street in the Burnaby Lochdale Community. The lot is 7,881 sq. ft. with two freestanding mixed-use commercial and residential 2-story buildings that generate $64,800.00 per annum. One building has 635 sq. ft. of retail with a residential suite above, and the second building contains an auto body shop with two residential suites above. Since 1992 the owner has operated the auto body and car dealership shop that features four bay doors, a downdraft paint booth, a hoist, storage, and equipment to run a successful auto body business. The property features large retail display windows and exceptional signage exposure to the high foot and vehicle traffic fronting Hastings Street, which carries an average of 30,000 passing vehicles daily. The real estate is positioned on a corner lot and is located in a highly desired area that presents the opportunity for future development.

Details
Status

For Sale

Address

6861 Hastings Street, Burnaby,
Canada

Size

± 5,515 SQFT

Type

Industrial

Price

$4,798,000

Property Taxes

$21,186.55

PID

007-328-672

Zoning

M-1

Legal Description

Lot 10 Plan NWP1949 District Lot 206 Land District 1 Land District 36 Except Plan 21763 6745-0388

Location

Lochdale is a distinct community within Burnaby that has close accessibility to parks, trails, and nature. The location is well-served by public transportation and is transitioning into a new urban village setting where the residents can enjoy a diverse mix of housing, services, activities, and experiences. The Lochdale area is in proximity to other urban villages in North Burnaby which includes the Heights, Capitol Hill, and SFU. The future of Lochdale aims to create a worldclass, carbon-neutral city.


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Nathan Armour
Nathan Armour

Personal Real Estate Corporation

Team Leader - New West Office

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This communication is not intended to cause or induce breach of an existing agency agreement. E&OE: All information contained herein is from sources deemed reliable, and have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.