price reduced
FOR SALE | INDUSTRIAL 6879 & 6891 ANTRIM AVENUE BURNABY, BC
PRICE REDUCED ff 6,122-12,522 SF Freestanding Buildings with Development Upside ff Convenient Location Location
The subject properties are well located in the South Slope area of South Burnaby. The area offers good access to Kingsway and Boundary Road. The site is approximately two blocks from rapid transit (Royal Oak Station).
Opportunity
To acquire freehold industrial properties with redevelopment upside in close proximity to rapid transit. Properties may be purchased separately.
Chris McIntyre
Personal Real Estate Corporation
D 604.630.3392 C 604.889.0699 chris.mcintyre@lee–associates.com
Ryan Barichello
D 604.630.3371 C 604.889.4146 ryan.barichello@lee–associates.com
475 West Georgia Street, Suite 800 | Vancouver, BC V6B 4M9 | 604.684.7117 | lee-associates.com
FOR SALE | INDUSTRIAL 6879 & 6891 ANTRIM AVENUE BURNABY, BC Zoning
Property Features
The official community plan has highlighted the potential to rezone
ff Tilt-up concrete construction
The properties are currently zoned M-4 (Special Industrial District). the property to RM-3 (Multi-Family), which provides for a maximum FSR of 1.1 with underground parking.
Lot Sizes (Approximate)
50’ x 210.4’
= 10,520 SF
Total
100’ x 210.4’
= 21,040 SF
50’ x 210.4’
ff Built in 1999
ff Air-conditioned offices
ff Heavy 3 phase power (600 amps)
6891 Antrim 6879 Antrim
6891 Antrim
ff 23’ warehouse ceiling
ff 2 grade loading doors
= 10,520 SF
6879 Antrim
ff Concrete block construction
Building Areas
ff Built in 1987 6891 Antrim
6879 Antrim
Ground Floor Office
1,200 SF
1,237 SF
Mezzanine
1,200 SF
1,237 SF
Warehouse
4,000 SF
3,648 SF
Total
6,400 SF
6,122 SF
ff Heavy 3 phase power (600 amps) ff 17.5’ warehouse ceiling (approx.) ff Grade loading
ff Boardroom and lunchroom areas
Tenancy & Income Info 6891 Antrim
Leased on a month-to-month basis, the net revenue is $4,000.00 per month plus GST.
SUBJECT
6879 Antrim
Leased on a month-to-month basis, the net revenue is $3,699.31 per month plus GST.
Property Taxes (2016) 6891 Antrim
$24,166.63
Total
$45,929.02
6879 Antrim
Price
6891 Antrim
$2,950,000.00
Total
$5,900,000.00
6879 Antrim
Chris McIntyre
Personal Real Estate Corporation
D 604.630.3392 C 604.889.0699 chris.mcintyre@lee–associates.com
$21,762.39
$2,950,000.00
Ryan Barichello
D 604.630.3371 C 604.889.4146 ryan.barichello@lee–associates.com
Disclaimer: Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. © Lee & Associates Commercial Real Estate (BC) Ltd. All Rights Reserved. 01/02/18.
475 West Georgia Street, Suite 800 | Vancouver, BC V6B 4M9 | 604.684.7117 | lee-associates.com
PRICE REDUCED ff 6,122-12,522 SF Freestanding Buildings with Development Upside ff Convenient Location Location
The subject properties are well located in the South Slope area of South Burnaby. The area offers good access to Kingsway and Boundary Road. The site is approximately two blocks from rapid transit (Royal Oak Station).
Opportunity
To acquire freehold industrial properties with redevelopment upside in close proximity to rapid transit. Properties may be purchased separately.
Chris McIntyre
Personal Real Estate Corporation
D 604.630.3392 C 604.889.0699 chris.mcintyre@lee–associates.com
Ryan Barichello
D 604.630.3371 C 604.889.4146 ryan.barichello@lee–associates.com
475 West Georgia Street, Suite 800 | Vancouver, BC V6B 4M9 | 604.684.7117 | lee-associates.com
FOR SALE | INDUSTRIAL 6879 & 6891 ANTRIM AVENUE BURNABY, BC Zoning
Property Features
The official community plan has highlighted the potential to rezone
ff Tilt-up concrete construction
The properties are currently zoned M-4 (Special Industrial District). the property to RM-3 (Multi-Family), which provides for a maximum FSR of 1.1 with underground parking.
Lot Sizes (Approximate)
50’ x 210.4’
= 10,520 SF
Total
100’ x 210.4’
= 21,040 SF
50’ x 210.4’
ff Built in 1999
ff Air-conditioned offices
ff Heavy 3 phase power (600 amps)
6891 Antrim 6879 Antrim
6891 Antrim
ff 23’ warehouse ceiling
ff 2 grade loading doors
= 10,520 SF
6879 Antrim
ff Concrete block construction
Building Areas
ff Built in 1987 6891 Antrim
6879 Antrim
Ground Floor Office
1,200 SF
1,237 SF
Mezzanine
1,200 SF
1,237 SF
Warehouse
4,000 SF
3,648 SF
Total
6,400 SF
6,122 SF
ff Heavy 3 phase power (600 amps) ff 17.5’ warehouse ceiling (approx.) ff Grade loading
ff Boardroom and lunchroom areas
Tenancy & Income Info 6891 Antrim
Leased on a month-to-month basis, the net revenue is $4,000.00 per month plus GST.
SUBJECT
6879 Antrim
Leased on a month-to-month basis, the net revenue is $3,699.31 per month plus GST.
Property Taxes (2016) 6891 Antrim
$24,166.63
Total
$45,929.02
6879 Antrim
Price
6891 Antrim
$2,950,000.00
Total
$5,900,000.00
6879 Antrim
Chris McIntyre
Personal Real Estate Corporation
D 604.630.3392 C 604.889.0699 chris.mcintyre@lee–associates.com
$21,762.39
$2,950,000.00
Ryan Barichello
D 604.630.3371 C 604.889.4146 ryan.barichello@lee–associates.com
Disclaimer: Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. © Lee & Associates Commercial Real Estate (BC) Ltd. All Rights Reserved. 01/02/18.
475 West Georgia Street, Suite 800 | Vancouver, BC V6B 4M9 | 604.684.7117 | lee-associates.com
