- Status:
- Active
- Prop. Type:
- Office, Retail
- MLS® Num:
- C8057384
- Build. Type:
- Institutional
- Photos (10)
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Introducing a rare and lucrative investment opportunity in the heart of Surrey City Centre, right on King George Blvd – a standalone building with outstanding income potential and promising development prospects. This 7,920 square feet property features a meticulously remodeled 5,400 square feet building, currently leased to the City of Surrey with flexible renewal options, offering a versatile multi-tenant setup with three units. Renovations include a brand-new HVAC system, full commercial kitchen w/ Captive Aire hood and Walkin cooler, office, updated electrical infrastructure, flooring, and various other enhancements. The multitude zoning allowance includes commissary/satellite kitchen, restaurant, retail, assembly hall, recycling depot and more. With its proximity to an array of shops, restaurants, essential services, healthcare facilities, and educational institutions, this investment property is not only a sound financial choice but also an integral part of a thriving community.
- Sale Type:
- Asset
- Construction:
- Concrete Block, Brick/Masonry
- Building Type:
- Institutional, Office Building
- Year built:
- 1949 (Age: 75)
- Total Floor Area:
- 5,400 sq. ft.
- Lot Area:
- 7,920 sq. ft.
- Lot Depth:
- 112
- Lot Frontage:
- 74'
- Land Use/Zoning:
- CHI
- Permitted Use:
- Office, Retail
- Taxes:
- $0 / 2023
- Air Conditioning, Emergency Lighting, Handicap Access/Facil, Laundry Facility, Paved Yard, Storefront, Visitor Parking, Fenced Yard
- # Docks:
- 0
- # Grade Doors:
- 0
- # Loading Doors:
- 0
- Ceiling Height:
- 10'
- Services Connected:
- Cable at Lot Line, Electricity at Lot Line, Fiber Optics at Lot Line, Fully Serviced, Natural Gas at Lot Line, Garbage Collection, High Speed Internet Svc at Lot Line, Telephone, Street Lighting, Sanitary sewer at Lot Line, City Water at Lot Line
- Water Supply:
- Municipal
- HVAC:
- Central A/C, Electric, Heat Pump
- Power Type:
- Three Phase
- Sewer Septic:
- None
- Potential to Redevelop:
- Yes
- Env Assmt Phase:
- Yes
-
Photo 1 of 10 -
Photo 2 of 10
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Entry office plus multiple private office with washroom and storage
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Extension to the office reception area
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Private office.
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Cubicles space. Hostel type setup.
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Cru 3 kitchen
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Cru 3 kitchen
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Cru 3 kitchen
-
Dining area in Cru 3
Listed by Macdonald Commercial Real Estate Services Ltd and Macdonald Commercial Real Estate Services Ltd.
Data was last updated May 2, 2024 at 09:10 AM (UTC)
- RAY KODABASH
- TEAM 3000 REALTY LTD.
- 1 (604) 9167212
- Contact by Email
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2024 by the Greater Vancouver REALTORS®,
Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
Ray (Reza) Kodabash PREC*
Office Address:
#305 - 9940 Lougheed Hwy
Burnaby, BC, V3J 1N3
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.