Development Land

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2306 KING GEORGE Boulevard
King George Corridor Surrey V4A 5A5

$7,457,000
Land Commercial

Main Photo: 2306 KING GEORGE Boulevard in Surrey: King George Corridor Land Commercial for sale (South Surrey White Rock)  : MLS®# C8060573
Photo 1: 2306 KING GEORGE Boulevard in Surrey: King George Corridor Land Commercial for sale (South Surrey White Rock)  : MLS®# C8060573
Photo 2: 2306 KING GEORGE Boulevard in Surrey: King George Corridor Land Commercial for sale (South Surrey White Rock)  : MLS®# C8060573
Photo 3: 2306 KING GEORGE Boulevard in Surrey: King George Corridor Land Commercial for sale (South Surrey White Rock)  : MLS®# C8060573
Photo 4: 2306 KING GEORGE Boulevard in Surrey: King George Corridor Land Commercial for sale (South Surrey White Rock)  : MLS®# C8060573
Photo 5: 2306 KING GEORGE Boulevard in Surrey: King George Corridor Land Commercial for sale (South Surrey White Rock)  : MLS®# C8060573
Photo 6: 2306 KING GEORGE Boulevard in Surrey: King George Corridor Land Commercial for sale (South Surrey White Rock)  : MLS®# C8060573
Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8060573
Claire Group is excited to present investors with a unique redevelopment opportunity for this corner lot situated in a prime South Surrey location. Developers can continue the rezoning application, currently at third reading, to construct a four-story mixed-use building. The proposed design includes commercial units on the ground floor and 75 rental residential apartments above, along with a variance for rental parking rates and a partial fifth floor designated for amenity space. Prospective buyers are advised to consult with the City of Surrey to confirm the redevelopment potential.
Sale Type:
Asset
Name of Complex/Subdivision:
# Other Units:
Lot Area:
1 acre(s)
Acres Freehold:
1 acre(s)
Land Use/Zoning:
CHI
Permitted Use:
Mixed Use
Taxes:
$49,077.65 / 2023
Services Connected:
Paved Streets
Water Supply:
Municipal
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
No
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: 2306 KING GEORGE Boulevard in Surrey: King George Corridor Land Commercial for sale (South Surrey White Rock)  : MLS®# C8060573
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  • Photo 2: 2306 KING GEORGE Boulevard in Surrey: King George Corridor Land Commercial for sale (South Surrey White Rock)  : MLS®# C8060573
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  • Photo 3: 2306 KING GEORGE Boulevard in Surrey: King George Corridor Land Commercial for sale (South Surrey White Rock)  : MLS®# C8060573
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  • Photo 4: 2306 KING GEORGE Boulevard in Surrey: King George Corridor Land Commercial for sale (South Surrey White Rock)  : MLS®# C8060573
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  • Photo 5: 2306 KING GEORGE Boulevard in Surrey: King George Corridor Land Commercial for sale (South Surrey White Rock)  : MLS®# C8060573
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  • Photo 6: 2306 KING GEORGE Boulevard in Surrey: King George Corridor Land Commercial for sale (South Surrey White Rock)  : MLS®# C8060573
    Photo 6 of 6
Listed by RE/MAX Real Estate Services
Data was last updated June 20, 2024 at 12:05 AM (UTC)
Bruce Long CCIM, FRI, PREC
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