1557 56 ST, Delta, BC V4L 2A9

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Additional details
Nader Bakhoum,PMP, P.Eng.

Nader Bakhoum,PMP, P.Eng.

+1(604) 612-7228
$ 8,000,000
Est. payment | /mo

0.68 Acres Lot

Save
$ 8,000,000
Est. payment | /mo
Save

0.68 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type Asset

MLS Listing ID C8081153

Year Built 1969

Lot Size 0.680 Acres

Property Sub-Type Retail

Property Description

Opportunity to purchase this highly visible retail shopping plaza in Tsawwassen's retail core. Six retail and service tenants including Dairy Queen, 7-Eleven, Pizza Hut and Ossie's Deli. Enjoy significant upside in medium term rental rates during your holding period leading to a major re-development. A nearby active DP Application on 56th Street indicates a six storey mixed used development featuring 12,857 s.f. of commercial space, 80 rental apartments and two levels of underground parking for the subject site, utilizing the OCP's Neighbourhood Centres and Corridors (NC)zoning densities. Assemble the adjacent properties to double the size of this property's potential. Please contact Seller's Agent by email to request an NDA. michael@northernvisionrealty.com

Location

Province BC

Community Cliff Drive

Area Tsawwassen

Zoning C-1 CORE COMMERCIAL

Exterior

Total Parking Spaces 4

Building

Story 1

Sewer Public Sewer

Water Public

Others

Ownership Freehold

REBGV/FVREB/Chilliwack (Commercial IDX)
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1557 56 ST