BC Commercial Land For Sale, BC Land Investment

Forgot password Extend Verify Contact

5501 Kingsway
Forest Glen BS Burnaby V5H 2G3

$7,200,000
Land Commercial, Office

Two-story commercial building featuring a flat roof and multiple storefronts
Photo 1: 5501 Kingsway in Burnaby: Forest Glen BS Land Commercial for sale (Burnaby South)  : MLS®# C8081861
Photo 2: 5501 Kingsway in Burnaby: Forest Glen BS Land Commercial for sale (Burnaby South)  : MLS®# C8081861
Status:
Active
Prop. Type:
Land Commercial, Office
MLS® Num:
C8081861
CBRE Limited is pleased to present the opportunity to acquire 5501 Kingsway and 6582 Denbigh Avenue(collectively the "Properties"). The offering represents a rare opportunity to acquire a well maintained low-rise building built and owned by the original owner. Fully leased to stable service-based businesses, 5501 Kingsway is competitively positioned in the trade area featuring ample signage opportunities, corner visibility and curb appeal, and a rare mix of secured underground parking & easily accessible surface parking stalls. The Properties are comprised of 2 legal parcels. 5501 Kingsway is improved by a 2-storey office building with underground parking. 6582 Denbigh Avenue is an above ground parking lot featuring 17 stalls. Furthermore, the Properties benefit from the optionality of redevelopment: the City of Burnaby has designated the properties in their OCP.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Land Commercial, Office
Num Storeys:
2
# Bldgs:
1
Living Area:
10,468 sq. ft.
Lot Area:
17,859.6 sq. ft.
Zoning:
Potential to Redevelop:
Existing C4 zoning. Burnaby OCP Mid-Rise., No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Parcel Number:
002438551
Taxes:
$66,565.73 / 2025
No
Water Rights:
No
Roof:
Potential to Redevelop:
Existing C4 zoning. Burnaby OCP Mid-Rise., No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 5501 Kingsway in Burnaby: Forest Glen BS Land Commercial for sale (Burnaby South)  : MLS®# C8081861
    Two-story commercial building featuring a flat roof and multiple storefronts
  • Photo 2: 5501 Kingsway in Burnaby: Forest Glen BS Land Commercial for sale (Burnaby South)  : MLS®# C8081861
    Additional content
Listed by CBRE Limited
Data was last updated September 10, 2026 at 02:40 PM (UTC)
Restaurant
Businesses
Liquor Store
Gas Station
Car Wash
Hotel Motel Inn
Campground & RV Park
Commercial Properties
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.