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10925 UNIVERSITY Drive
Whalley Surrey V3T 4A6

$28,500,000
Land Commercial

Main Photo: 10925 UNIVERSITY Drive in Surrey: Whalley Land Commercial for sale (North Surrey)  : MLS®# C8060077
Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8060077
High Rise site!! Actual 'Gateway' to the City Centre-Surrey. Next to Gateway Skytrain Station. Views all around. City Centre, FSR 5.5. Please contact the LR for Brochure and Pricing. Buyer must independently verify the Information & Zoning with the City of Surrey. Court Ordered Sale!! Schedule 'A' Applies. Property being sold in an "As is where is condition". A prime high-rise development site, available for sale in the bustling heart of the Surrey City Centre, strategically located near major transit arteries, offering unparalleled connectivity and accessibility. This coveted parcel of land presents an exceptional opportunity for developers and investors seeking to capitalize on the vibrant urban landscape and burgeoning demand for upscale residential or mixed-use properties. Surrounded by a myriad of amenities, including shopping centers, restaurants, entertainment venues, and cultural institutions, the location epitomizes the epitome of urban living. Address includes 10925 University DR & 10854 133A ST
Sale Type:
Asset
Sublease:
No
Name of Complex/Subdivision:
# Other Units:
Year built:
1968 (Age: 56)
Total Floor Area:
1.06 acre(s)
Main Floor Area:
2,500 sq. ft.
Lot Area:
1.06 acre(s)
Acres Freehold:
1.06 acre(s)
Lot Depth:
398
Lot Frontage:
178'
Land Use/Zoning:
CD,RF
Permitted Use:
Mixed Use, Multifamily (5+)
Taxes:
$114,717 / 2023
Services Connected:
Electricity at Lot Line, Electricity, Garbage Collection, Telephone, Sewer - Storm, Sanitary sewer at Lot Line, City Water at Lot Line
Water Supply:
Municipal
Water Rights:
No
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
Not Applicable
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 10925 UNIVERSITY Drive in Surrey: Whalley Land Commercial for sale (North Surrey)  : MLS®# C8060077
    Photo 1 of 1
Listed by Royal LePage Fairstone Realty.
Data was last updated July 14, 2024 at 01:10 AM (UTC)
Bruce Long CCIM, FRI, PREC
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