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$1,698,000
Est. payment /mo
1,074 SqFt
UPDATED:
02/18/2025 09:50 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,074 sqft
Price per Sqft $1,581
Subdivision Capitol Hill Bn
MLS Listing ID C8066613
Year Built 2016
Annual Tax Amount $7,637
Tax Year 2024
Property Description
TURN-KEY DENTAL CLINIC in the highly sought-after Burnaby Heights neighbourhood! 488 Gamma Avenue presents 1,074 SF of streetfront retail at the base of the mixed-use "Montage" building, constructed in 2016. The property is currently tenanted until December 31, 2028 with potential to occupy earlier [ask agent for details]. For occupiers, this presents an opportunity to enjoy an income-producing asset until it is vacated, and for investors, there is tremendous upside to negotiate higher lease rates with a new dental clinic tenant. Burnaby Heights is a vibrant community with a mix of renowned restaurants, specialty shops, cafes, while also consistently welcoming new residents and businesses as the Hastings Corridor develops. Surrounded by schools, parks, and strong residential presence, businesses in the Heights are set-up for success.
Location
Province BC
Community Capitol Hill Bn
Area Burnaby North
Building/Complex Name Montage
Zoning British Columbia Default Zone
Region Greater Vancouver
City Region Greater Vancouver
Building
Dwelling Type Office,Retail
Water Municipal
Structure Type Concrete,Wood Frame,Mixed
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Listed by William Wright Commercial Real Estate Services
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Zomorodian Real Estate Group
Team Leader | License ID: V99000
Team Leader License ID: V99000