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Two adjacent N. Burnaby commercial lots sell for $6.7 million

Located in the Hastings Village area, the two lots total 10,296 square feet with development potential to 24,710 square feet, and both have rental income.
4651 Hastings Street, Burnaby

Property type: Commercial development site

Location: 4651 and 4663 Hastings Street, Burnaby, B.C.

Number of units: 12 (8 residential rentals, 3 commercial rentals)

Zoning: C-4A

Total building size: 11,169 square feet

Size of land: 10,296 square feet

Potential floor-space-ratio: 2.4 FSR (24,710 square feet)

Sale price (total): $6.75 million

Brokerage: Goodman Commercial Inc., Vancouver

Brokers: Mark Goodman and Cynthia Jagger