5708 176 St - Storefront Retail/Office FOR SALE


Surrey, BC V3S 4C8
$13,995,000 CAD
778-571-9920
5708 176 St, Surrey, BC for Sale
$13,995,000 CAD
Storefront Retail/Office - FOR SALE
1/43
null | Request Cap Rate

5708 176 St
Surrey, BC V3S 4C8


OVERVIEW

These two prime parcels that must be sold together present a unique C15 (Town Centre Commercial) zoned assembly. The primary property at 5708 176 Street features a 20,726square foot building situated on a 12,177 square foot lot, currently improved with a restaurant on the ground floor and offices above. Supporting this is 5747 176A Street, an additional 12,401 square foot lot currently improved as a paved parking lot with 32 parking stalls. Less than one kilometer from the new hospital in Cloverdale, this strategic location is poised for significant growth and reliable traffic. The Town Centre community plan designation allows for a variety of redevelopment opportunities including public facilities, institutional uses, commercial, and mixed use buildings. The properties can be sold with the current restaurant lease in place. All inquiries and showing requests should be directed to the listing brokers. Please do not disturb any on-site staff with inquiries.

FOR SALE DETAILS

PRICE

$13,995,000 CAD

PRICE/SF

$666 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,188 SF

ZONING

C-15

APN/PARCEL ID

001-592-602

ASK ABOUT THIS PROPERTY

Jamie SchrederRoyal LePage WolstencroftMore Info
778-571-9920

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Jamie SchrederRoyal LePage WolstencroftMore Info
778-571-9920

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