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Vantage Real Estate Group

$8,000,000

1555-1557 56 STREET, Delta BC V4L 2A9

Commercial SaleMLS# C8081153

Building Size

7,530 sqft

Lot Size

29,620.8 sqft (0.68 ac)

Sub-type

Retail

Zoning

C-1 CORE COMMERCIAL

Year Built

1969

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. [email protected]

Location

1555-1557 56 STREET, Delta BC V4L 2A9

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MLS® data provided by the Fraser Valley Real Estate Board and Greater Vancouver REALTORS®. Not intended to solicit properties already listed.