Business For Sale · Office

301 4885 KINGSWAY, Burnaby

301 4885 KINGSWAY, Burnaby, BC V5H4T2

$818,000 total

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Asset Class

Office

Size

—

Building class

B

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

89%

Year Built

1998

About this property

Prime office space in Burnaby's highly sought-after Metrotown commercial corridor. This professionally improved office offers a bright, functional layout featuring an open reception/work area and three private offices with impressive floor-to-ceiling windows that fill the space with natural light. Ideal for a variety of professional, medical, or administrative uses, this move-in-ready space minimizes upfront improvement costs. Situated in a well-maintained professional services building with elevator access, secure entry, 2 parking spots, commercial visitor parking and a complementary mix of established businesses. An exceptional opportunity to establish or expand your business in one of Burnaby's most convenient and vibrant commercial hubs with excellent transit connectivity. Elevate your business with the right location! Contact us today to schedule your private viewing and secure your next business address. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$818K
Down payment30% · $245K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$50K

Annual cash flow

$5K

Cash-on-cash

1.85%

DSCR

1.10

Going-in cap

6.09%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

42,988

Households

16,446

Median income

$65,000

Median age

40.4

Daytime population

44,959

5-yr growth

8.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 301 4885 KINGSWAY, Burnaby.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.