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Sold

2-storey commercial building

4663 Hastings Street, Burnaby

$2,350,000

Price $2,350,000
Property type 2-storey single tenant building
Units 2
Storeys 2
Net rentable area 2,622 SF
Year built 1977
Lot size 33’ × 104’ (3,432 SF)
Zoning C-4A Service Commercial
Rental rate $26.73/SF/year (base rent)
Cap rate 3.2%
Gross income multiplier 23.4
Parking 5 stalls (secured underground)
Development potential Up to 2.4 FSR (Hastings Street Area Extension Plan)
PID 002-531-615
Legal description Lot 22 Block 7 District Lot 122 Group 1 New Westminster District Plan 1308
Sale date 04/15/2021

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