A freestanding commercial building in the heart of Surrey City Centre has sold for $7 million, Frontline Real Estate Services reports.
The 13,810-square-foot, two-storey commercial building is improved with retail and office finishings. The property includes a underground parking garage. The site has future redevelopment potential as it has designated mixed-use zoning. The property has an assessed value of $4.43 million and was listed for $7.25 million.
The property is located at 13734 104 Ave., Surrey.
Breakdown:
Price: $7,000,000
Property Size: 13,810 SF
Property Type: Retail / Office
Zoning: C8
2018 B.C. Assessment Value: $4,439,000
City: Surrey
Province: B.C.
Name of Brokerage: Frontline Real Estate Services Ltd.
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