31945 Lougheed Hwy - Apartments CONDO FOR SALE


Mission, BC V2V 0K8
$1,299,800 CAD
604-675-5200
31945 Lougheed Hwy, Mission, BC for Sale
$1,299,800 CAD
Apartments CONDO - FOR SALE
1/5
null | Request Cap Rate

31945 Lougheed Hwy
Mission, BC V2V 0K8


HIGHLIGHTS

  • Located in Outlook Village, a newly developed retail center offering strong tenant mix and customer traffic.
  • Long-term tenancy in place with consistent rental income, making it a stable, low-touch investment.
  • Exceptional frontage along Lougheed Highway provides superior visibility and signage opportunities.
  • Ample dedicated parking ensures convenient access for customers and visitors.
  • Surrounded by complementary businesses and thriving residential communities that bolster foot traffic.
  • Positioned with direct access to major arteries connecting Mission to Abbotsford and Greater Vancouver.

OVERVIEW

This offering presents a turn-key investment opportunity to acquire a tenanted retail unit in Outlook Village, a modern and vibrant commercial development along Mission’s primary traffic corridor. Encompassing approximately 1,597 square feet, the property benefits from prime visibility, excellent signage exposure, and a steady flow of both local and regional traffic. Outlook Village features abundant on-site parking and a strong business mix, further amplifying customer draw and synergistic value for surrounding tenants. Currently leased to a long-term, reliable tenant at an attractive rental rate, this property ensures immediate cash flow and stable income generation, making it particularly appealing to investors seeking minimal management responsibilities. The plaza’s central location within Mission gives the property exceptional access to neighborhood amenities, growing residential areas, and key arterial routes, including direct connectivity to Lougheed Highway, facilitating easy access to the Fraser Valley and Greater Vancouver markets. With its combination of high-traffic exposure, modern design attributes, and secure tenancy, this asset represents a rare opportunity to invest in a growing commercial hub with long-term appreciation potential . PID: 032-076-134

FOR SALE DETAILS

PRICE

$1,299,800 CAD

PRICE/SF

$814 CAD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wren + Raven

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

298,814 SF

STORIES

6

BUILDING CLASS

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.78 AC

LAND SF

164,657 SF

ZONING

-

APN/PARCEL ID

004-031-334

ASK ABOUT THIS PROPERTY

Nirman SidhuCentury 21 Coastal Realty Ltd.More Info
604-675-5200

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Nirman SidhuCentury 21 Coastal Realty Ltd.More Info
604-675-5200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.