5820 Marine Dr - Storefront Retail/Office FOR SALE


Burnaby, BC V5J 3G8
$13,880,000 CAD
778-918-5505
5820 Marine Dr, Burnaby, BC for Sale
$13,880,000 CAD
Storefront Retail/Office - FOR SALE
1/9
null | Request Cap Rate

5820 Marine Dr
Burnaby, BC V5J 3G8


OVERVIEW

Unique chance to acquire a high-exposure 1.53-acre development site in Burnaby's Big Bend area, zoned C2/C2h under the Big Bend Neighbourhood Community Plan (NCP). Situated at 5820 Marine Drive, the property features over 333 feet of frontage along a bustling corridor with excellent visibility and traffic flow exceeding 10,000 vehicles per day. While a previous building permit was in place for a 4-storey commercial-office building with two levels of underground parking (totaling approximately 86,400 sq. ft. of leasable area and an FSR of 1.3), the permit has since expired. The property is being sold strictly "as is, where is,"with no warranties or representations regarding current or future development potential. This site presents a significant opportunity for those seeking to unlock the potential of this prime location near major arterial routes and thriving commercial nodes.

FOR SALE DETAILS

PRICE

$13,880,000 CAD

PRICE/SF

$208 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fountana Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2028

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.53 AC

LAND SF

66,647 SF

ZONING

C2

APN/PARCEL ID

002-149-079

ASK ABOUT THIS PROPERTY

Roy SunPacific Evergreen Realty Ltd (Pacific Place Group)More Info
778-918-5505

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Roy SunPacific Evergreen Realty Ltd (Pacific Place Group)More Info
778-918-5505

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.