A four-unit mall with redevelopment potential on a 0.38-acre lot in Burnaby’s high-traffic Highgate area has been sold for $3.42 million, reports Macdonald Commercial.
Breakdown:
Property type: Investment retail
Location: 7405 Edmonds Street, Burnaby
Property size: 4,400
Number of units: 4
Zoning: Retail
Lot size: 16,447 square feet
List price: $4.5 million
Sale price: $3.42 million
Date of sale: February 21, 2020
Brokerage: Macdonald Commercial
Broker: Sam Emam
