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$ 5,600,000
Est. payment | /mo
0.35 Acres Lot
$ 5,600,000
Est. payment | /mo
0.35 Acres Lot
Key Details
Property Type Commercial
Sub Type Food & Beverage
Listing Status Active
Purchase Type Asset or Share
MLS Listing ID C8080854
Year Built 1946
Lot Size 0.350 Acres
Property Sub-Type Food & Beverage
Property Description
Exceptional Burnaby Investment & Redevelopment Opportunity! Rare opportunity to acquire a prominent 15,483 sq. ft. corner property with approximately 133 feet of frontage along Kingsway, providing outstanding visibility and exposure. The property is home to the well-known Vassilis Souvlaki Greek Taverna, a long-established restaurant serving the Burnaby community for over 47 years. Located within Burnaby's Edmonds Community Plan Area and governed by the Burnaby 2050 Official Community Plan, this high-profile site offers excellent potential for future redevelopment, subject to City of Burnaby approvals. The corner location, generous frontage, ample on-site parking, and proximity to transit, shopping, and major transportation routes make this an exceptional opportunity for investors, developers, and owner-users. Buyer to verify all zoning, permitted uses, redevelopment potential, density, and development opportunities with the City of Burnaby.
Location
Province BC
Community Highgate
Area Burnaby South
Zoning C7 SERVICE COMMERCIA
Exterior
Utilities Available Cable Connected, Electricity at Lot Line, Electricity Connected, Natural Gas at Lot Line, Natural Gas Connected
Roof Type Concrete,Torch On
Street Surface Paved
Building
Sewer Public Sewer
Water Public
Others
Ownership Freehold
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