8700 & 8790 Boundary Road, Burnaby

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Property Details

Gateway Development Opportunity

  • Rare opportunity to purchase a 4 acre site in a prime location
  • High exposure corner site with frontage along Boundary Road and Marine Way
  • OCP provides for a mix of retail, commercial, office and light industrial uses
  • Located within a rapidly growing sector of Burnaby and Vancouver
  • Immediately adjacent to the new residential community; River District

Location:

The property is situated on the southeast corner of Boundary Road and Marine Way on the western border of the City of Burnaby within the Big Bend Neighbourhood.

Site Size:

The total site size is approx. 176,300 SF (4.047 acres)
8700 Boundary Road 78,283 SF (198’ x 401’)
8790 Boundary Road 98,017 SF (242’ x 403’)
Total 176,300 SF
Improvements:

The property is currently unimproved.
Zoning: M2 – General Industrial District
OCP: Big Bend Development Plan
Anticipated zoning: C2/M2/M5

Assessed Value
(2011): Land $7,702,000
Improvements $0
Total $7,702,000
Gross Taxes (2011): $153,001.12
Asking Price: $11,000,000