

5501 KINGSWAY
Burnaby, BC V5H 2G3 · Forest Glen BS
$7,200,000
Type
Land
Lot Size
0.41 acres
Zoning
C4
Taxes (2025)
$66,566
About This Property
CBRE Limited is pleased to present the opportunity to acquire 5501 Kingsway and 6582 Denbigh Avenue(collectively the "Properties"). The offering represents a rare opportunity to acquire a well maintained low-rise building built and owned by the original owner. Fully leased to stable service-based businesses, 5501 Kingsway is competitively positioned in the trade area featuring ample signage opportunities, corner visibility and curb appeal, and a rare mix of secured underground parking & easily accessible surface parking stalls. The Properties are comprised of 2 legal parcels. 5501 Kingsway is improved by a 2-storey office building with underground parking. 6582 Denbigh Avenue is an above ground parking lot featuring 17 stalls. Furthermore, the Properties benefit from the optionality of redevelopment: the City of Burnaby has designated the properties in their OCP.
MLS® C8081861. Listed by CBRE Limited. Commercial MLS® data provided by Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Chilliwack & District Real Estate Board, and BC Northern Real Estate Board. Information deemed reliable but not guaranteed.