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Burnaby 4.6-acre industrial assembly sells for $18.5 million

Properties in the Big Bend area could be redeveloped from heavy industrial to light industrial zoning at the geographic centre of Metro Vancouver.
William Wright Commercial, Langley, B.C., for Western Investor
William Wright Commercial - 8818 & 8823 Greenall Ave, Burnaby
William Wright Commercial, Langley, B.C., for Western Investor

Property type: Industrial land

Location: 8818 and 8823 Greenall Avenue, Burnaby, B.C.

Land size:  3.57 acres and 1.05 Acres

Total land size: 4.62 acres

Current zoning: M3 Industrial

Potential zoning: M2 and M5 Light industrial

Sale price: $18.5 million

Brokerage: William Wright Commercial, Langley, B.C.

Broker: Zuber Jamal.