$10,950,000

5708 176 & 5747 176a Street, Surrey, BC V3S 4C8

MLS® C8083272 · New

Description

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 20,726 square 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.

Property

Property type

Commercial Sale

Style

Retail

Structure

Low Rise (2-4 storeys), Mixed Use, Street-Level Storefront

Year built

1,970

Ownership

Freehold

Levels

2

Systems

Heating

Mixed

Cooling

Mixed

Lot and parking

Lot size

24,393.6 sq ft

Parking spaces

32

Costs

Annual property tax

$110,778

Tax year

2,026

Location

Area

Cloverdale

Neighbourhood

Cloverdale BC

Waterfront

No