Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type Asset

MLS Listing ID C8079004

Year Built 1980

Lot Size 0.361 Acres

Property Sub-Type Industrial

Property Description

Two high-exposure commercial properties — 11113 and 11123 128 St — offered together as one package . Approx. 15,700 SF combined with approx. 100 ft of frontage on 128 St and outstanding traffic exposure. Designated Highway Commercial under the South Westminster Plan (zoned IL-1; OCP Low-Rise II), the property sits among major draws including Home Depot, gas stations, and A&W, with McDonald's and the ice stadium close by. 11113 128 St features a 2-storey freestanding building (approx. 4,200 SF). The ground floor is leased to an auto repair shop at $4,500/mo gross, while the upper floor offers a 5-bedroom living space with $2,000–$3,000/mo of additional income potential. 11123 128 St, with its temporary structure, is currently leased at $3,000/mo — bringing combined in-place income to $7,500/mo, with potential of about $10,000/mo once the upstairs is rented out. A rare package offering scale, income, and long-term redevelopment potential on one of North Surrey's busiest corridors.

Location

Province BC

Community Bridgeview

Area North Surrey

Zoning IL1

Others

Restrictions None Known

Ownership Freehold

11123 128 ST #11113 Surrey, BC V3T 3A7

HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Nader Bakhoum, PMP, P.Eng.

Key Details

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11123 128 ST #11113