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1-16 16055 FRASER Highway
Fleetwood Tynehead Surrey V4N 0G2

$12,000,000
Industrial, Office

Main Photo: 1-16 16055 FRASER Highway in Surrey: Fleetwood Tynehead Industrial for sale : MLS®# C8033283
Photo 1: 1-16 16055 FRASER Highway in Surrey: Fleetwood Tynehead Industrial for sale : MLS®# C8033283
Photo 2: 1-16 16055 FRASER Highway in Surrey: Fleetwood Tynehead Industrial for sale : MLS®# C8033283
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Status:
Active
Prop. Type:
Industrial, Office
MLS® Num:
C8033283
Build. Type:
Freestanding
Re-Development Site right on Fraser Highway. With a planned sky train station right in front of the property, this high visibility property is an excellent opportunity for any investor/developer. The OCP states a density of 2.5 FSR (98,680 sq.ft. of buildable) with the direct neighbouring property submitting an application for 1,320 units and 86,833 sq.ft. of commercial space. The property is currently improved with a concrete block building that includes 18,201 sq.ft. of office space over 2 floors. Excellent holding income while the property is being re-developed. Call today for a detailed information package!
Sale Type:
Asset
Property Type:
Industrial, Office
Construction:
Concrete Block
Building Type:
Freestanding
Year built:
1999 (Age: 21)
Total Floor Area:
18,201 sq. ft.
Office Size:
18,201 sq. ft.
Land Use/Zoning:
CD
Taxes:
$64,000 / 2019
Env Assmt Phase:
None
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
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Listed by The Firm Real Estate Services Ltd.
Data was last updated August 5, 2020 at 03:10 PM (UTC)
TREVOR BRUCKI | Residential Specialist
RON WALL | Commercial Specialist
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