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6861 HASTINGS Street
Sperling-Duthie Burnaby V5B 1S9

$3,955,000
Industrial, Multi-Family Commercial

Main Photo: 6861 HASTINGS Street in Burnaby: Sperling-Duthie Industrial for sale (Burnaby North)  : MLS®# C8051767
Photo 1: 6861 HASTINGS Street in Burnaby: Sperling-Duthie Industrial for sale (Burnaby North)  : MLS®# C8051767
Photo 2: 6861 HASTINGS Street in Burnaby: Sperling-Duthie Industrial for sale (Burnaby North)  : MLS®# C8051767
Photo 3: 6861 HASTINGS Street in Burnaby: Sperling-Duthie Industrial for sale (Burnaby North)  : MLS®# C8051767
Photo 4: 6861 HASTINGS Street in Burnaby: Sperling-Duthie Industrial for sale (Burnaby North)  : MLS®# C8051767
Photo 5: 6861 HASTINGS Street in Burnaby: Sperling-Duthie Industrial for sale (Burnaby North)  : MLS®# C8051767
Photo 6: 6861 HASTINGS Street in Burnaby: Sperling-Duthie Industrial for sale (Burnaby North)  : MLS®# C8051767
Photo 7: 6861 HASTINGS Street in Burnaby: Sperling-Duthie Industrial for sale (Burnaby North)  : MLS®# C8051767
Photo 8: 6861 HASTINGS Street in Burnaby: Sperling-Duthie Industrial for sale (Burnaby North)  : MLS®# C8051767
Status:
Active
Prop. Type:
Industrial, Multi-Family Commercial
MLS® Num:
C8051767
Build. Type:
Freestanding
William Wright is pleased to present the opportunity to acquire a mixed-use freestanding industrial building located on Hastings Street in the Burnaby Lochdale Community. The lot is 7,881 sq. ft. with two freestanding mixed-use commercial and residential 2-story buildings that generate $64,800.00 per annum. One building has 635 sq. ft. of retail with a residential suite above, and the second building contains an auto body shop with two residential suites above. Since 1992 the owner has operated the auto body and car dealership shop that features four bay doors, a downdraft paint booth, a hoist, storage, and equipment to run a successful auto body business. The property features large retail display windows and exceptional signage exposure to the high foot and vehicle traffic fronting Hastings Street, which carries an average of 30,000 passing vehicles daily. The real estate is positioned on a corner lot and is located in a highly desired area that presents the opportunity for future development.
Sale Type:
Share
Construction:
Concrete Block, Wood Frame
Building Type:
Freestanding, Low Rise (2-4 stories), Commercial Mix
Name of Complex/Subdivision:
# Units:
3
# Other Units:
# of Bachelor Appartments:
1
# of 2 Bedroom Appartments:
2
Year built:
1959 (Age: 64)
Total Floor Area:
5,500 sq. ft.
Lot Area:
7,881 sq. ft.
Land Use/Zoning:
M1
Permitted Use:
Industrial, Mixed Use
Paved Yard, Visitor Parking, Washrooms Female/Male
# Grade Doors:
4
Power Type:
Three Phase
Roof:
Env Assmt Phase:
Yes
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 6861 HASTINGS Street in Burnaby: Sperling-Duthie Industrial for sale (Burnaby North)  : MLS®# C8051767
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  • Photo 2: 6861 HASTINGS Street in Burnaby: Sperling-Duthie Industrial for sale (Burnaby North)  : MLS®# C8051767
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  • Photo 3: 6861 HASTINGS Street in Burnaby: Sperling-Duthie Industrial for sale (Burnaby North)  : MLS®# C8051767
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  • Photo 4: 6861 HASTINGS Street in Burnaby: Sperling-Duthie Industrial for sale (Burnaby North)  : MLS®# C8051767
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  • Photo 5: 6861 HASTINGS Street in Burnaby: Sperling-Duthie Industrial for sale (Burnaby North)  : MLS®# C8051767
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  • Photo 7: 6861 HASTINGS Street in Burnaby: Sperling-Duthie Industrial for sale (Burnaby North)  : MLS®# C8051767
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  • Photo 8: 6861 HASTINGS Street in Burnaby: Sperling-Duthie Industrial for sale (Burnaby North)  : MLS®# C8051767
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Listed by William Wright Commercial Real Estate Services
Data was last updated June 10, 2023 at 01:10 PM (UTC)
Bruce Long CCIM, FRI, PREC
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