Fountana Plaza 5820 Marine Dr 66,678 SF 100% Leased Retail Building Burnaby, BC V5J 3G8 $9,997,840 USD ($149.94 USD/SF)

EXECUTIVE SUMMARY

Unique chance to acquire a high-exposure 1.53-acre development site in Burnaby's Big Bend area, zoned C2/C2h under the Big Bend Neighbourhood Community Plan (NCP). Situated at 5820 Marine Drive, the property features over 333 feet of frontage along a bustling corridor with excellent visibility and traffic flow exceeding 10,000 vehicles per day. While a previous building permit was in place for a 4-storey commercial-office building with two levels of underground parking (totaling approximately 86,400 sq. ft. of leasable area and an FSR of 1.3), the permit has since expired. The property is being sold strictly "as is, where is,"with no warranties or representations regarding current or future development potential. This site presents a significant opportunity for those seeking to unlock the potential of this prime location near major arterial routes and thriving commercial nodes.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
66,678 SF
Building Class
B
Year Built
2028
Construction Status
Proposed
Price
$9,997,840 USD
Price Per SF
$149.94 USD
Percent Leased
100%
Building Height
3 Stories
Building FAR
1.00
Lot Size
1.53 AC
Zoning
C2 - Community Commercial District
Frontage
335’ on Marine Drive

AMENITIES

  • Bus Line

NEARBY MAJOR RETAILERS

Starbucks
Tim Hortons
Save-On-Foods
Td Canada Trust
White Spot
Nando's
Cactus Club Cafe
United Rentals
Anytime Fitness
Jazzercise
  • Listing ID: 34701849

  • Date on Market: 2/3/2025

  • Last Updated:

  • Address: 5820 Marine Dr, Burnaby, BC V5J 3G8