1468 Johnston Rd - Storefront FOR SALE
White Rock, BC V4B 3Z5 |
$5,000,000 CAD
604-640-5855
1468 Johnston Rd
White Rock, BC V4B 3Z5
HIGHLIGHTS
- 1468 Johnston Avenue is contained within the Town Centre zone in the White Rock Official Community Plan.
- Density up to a 3.5 FAR is permitted.
- New projects will be focused on residential development along with a mixture of commercial, civic and retail uses.
- An excellent opportunity to become part of a future re-development in the heart of White Rock.
OVERVIEW
Opportunity to acquire a freehold interest in 1468 Johnston Road, a retail-based strip centre with the potential to re-develop at a future date. 1468 Johnston is situated in the heart of White Rock’s Town Centre Commercial/Residential zone which allows for an approximately 3.5 FAR development density.
FOR SALE DETAILS
PRICE
$5,000,000 CAD
PRICE/SF
$1,136 CAD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1977
SPRINKLERS
-
PARKING SPACES
16
LAND DETAILS
LAND ACRES
0.43 AC
LAND SF
18,767 SF
ZONING
CR-1
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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604-640-5855
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604-640-5855
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