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Main Photo: 7460 EDMONDS Street, Burnaby - Edmonds BE
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Status:
Active
Prop. Type:
Office, Retail
MLS® Num:
C8061020
Build. Type:
Office Building
Welcome to 7460 Edmonds, a ~7000 sqft building on ~15,000 sqft of land which was substantially renovated in 2002. Currently on the Edmonds OCP as medium mix use up to 6 stories. COB is working on amending the OCP of the block to High Density. Currently tenanted till Summer 2026. Building could be demised into 3 areas and consists of office space, retail and warehouse. Building is perfect for an owner operator, investor or developer as there is a potential land assembly with neighbours. Call listing agent for more details. Zoned C4 which allows lots of uses.
Sale Type:
Asset
Sublease:
No
Construction:
Concrete Block, Wood Frame, Post & Beam
Building Type:
Office Building, Street-Level Storefront, Warehouse
# Bldgs:
1
# Storeys:
2.0
Year built:
1975 (Age: 49)
Total Floor Area:
6,903 sq. ft.
Lot Area:
14,932 sq. ft.
Lot Depth:
115
Lot Frontage:
133'
Land Use/Zoning:
C4
Taxes:
$34,964.11 / 2023
Alarm System, Boardroom, Dock Loading, Outside Storage, Storefront, Visitor Parking, Washrooms Female/Male, Fenced Yard
# Elevators:
0
Services Connected:
Electricity, Garbage Collection, Paved Streets, Street Lighting, Sidewalk
Water Supply:
Municipal
HVAC:
Central A/C, Heat Pump, Rooftop
Power Type:
Other
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
Not Applicable
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Listed by Jovi Realty Inc.
Data was last updated July 2, 2024 at 06:10 AM (UTC)
AMAR SHAN
DANA BALAN
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Navigating Commercial Real Estate Landscape in Vancouver, BC

Vancouver, BC, stands as a beacon of economic prosperity and cultural diversity, drawing businesses and investors alike to its dynamic commercial real estate market. In this article, we’ll delve into the thriving commercial landscape of Vancouver, exploring key trends, popular sectors, and the factors contributing to the city’s robust real estate sector. Whether you’re an entrepreneur seeking the perfect storefront or an investor eyeing the stability and growth potential of Vancouver’s commercial market, the opportunities are as diverse as the properties themselves. Explore BC commercial properties, especially in Vancouver, and discover a landscape ripe for business success and investment ventures.

Diverse Commercial Sectors

Vancouver’s commercial real estate market spans a diverse array of sectors, catering to the multifaceted needs of businesses. From vibrant retail spaces in bustling neighborhoods like Gastown to sleek office towers in the central business district, the city offers a spectrum of opportunities. The industrial sector, particularly in areas like Mount Pleasant, has also witnessed significant growth, driven by the rise of tech companies and creative industries.

Tech Hub and Innovation

As a burgeoning tech hub, Vancouver has become a magnet for innovative companies seeking prime office spaces to foster creativity and collaboration. The city’s strategic location, coupled with its quality of life, has attracted major players in the tech industry, contributing to the demand for modern, adaptable office spaces.

Green Initiatives and Sustainability

Vancouver places a strong emphasis on sustainability, influencing its commercial real estate landscape. The city’s commitment to green building practices has led to a surge in environmentally conscious developments. LEED-certified buildings and energy-efficient spaces have become integral components of the commercial market, appealing to businesses with a focus on sustainability.

Challenges and Opportunities

Despite its robustness, Vancouver’s commercial real estate market is not without challenges. Limited available space in key areas and rising property values pose obstacles for businesses seeking prime locations. However, this scarcity has also spurred innovative projects, such as mixed-use developments that seamlessly blend residential and commercial spaces.

Investment Appeal

Investors are drawn to Vancouver’s commercial real estate market for its stability and long-term growth potential. The city’s strategic geographical location, strong economic fundamentals, and commitment to innovation create an attractive environment for those looking to diversify their portfolios.

Conclusion: Vancouver, BC Commercial Properties

Vancouver’s commercial real estate landscape continues to evolve, shaped by economic trends, sustainability initiatives, and the city’s commitment to innovation. Whether you’re a local business looking to expand or a global investor seeking lucrative opportunities, Vancouver’s dynamic and diverse commercial real estate market provides a wealth of possibilities.