M ixe d use fo r sale | r etai l 675 8 k i n g Geo rg e b o u le va r d S u r r e y, BC L E E –A S S O C I AT E S .CO M | 6 0 4 6 8 4 7 1 1 7
6,162 SF
68 Ave
King George Blvd
SUBJECT
ff Freestanding Building on a Large Lot The Opportunity To purchase a mixed use free-standing building, on King George Boulevard with redevelopment potential.
Tony Capolongo dir: 604 630 3378 cel: 604 290 5318
[email protected] m i x e d use fo r sale | retail 675 8 king geor ge boulevar d su r r ey, B C
Building Area(s) Description/Summary
Legal Description
Second Floor Residential:
PID 011-307-277 Lot 2, Plan 8294, Block 22, Land District 36
ff 3 units of 2 bedroom ff 1 unit of 1 bedroom
Zoning
Ground Floor Retail (Approx.)
ff C-8 (Community Commercial) for the front portion of approx.
ff 3 retail units
18,865 SF
ff 2 units measuring 592 SF each, one unit measuring 2,200 SF Total Area (Approx.)
ff RF (Single Family Residential) for the rear portion of approx. 9,977 SF
Ground floor retail
3,384 SF
Second floor residential
2,778 SF
Income (Approximate)
Total
6,162 SF
Residential
$3,000 per month
Ground Floor Retail
$2,000 per month
Total
$5,000 per month
Tenant Mix Ground Floor Retail ff Top Dog occupies approximately 592 SF on a month to month basis, paying $2,000 per month plus GST
Rents are gross and include property taxes, maintenance, building insurance and structural repair.
ff Eco Vet Cleaners occupies approximately 2,200 SF and may
Gross Taxes (2015)
commit to a long term lease ff Currently there is one unit of approximately 592 SF that is vacant
$21,490.55
Lot Size
Asking Price
Approximately 28,842 SF measuring 115 feet on King George Blvd
$2,975,000
by Northern property line of 263 feet and a South property line of 270 feet
SUBJECT
Tony Capolongo dir: 604 630 3378 cel: 604 290 5318
[email protected] Lee & Associates Vancouver
475 West Georgia Street, Suite 800, Vancouver, BC V6B 4M9
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604 684 7117
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lee–associates.com
Disclaimer: Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. © Lee & Associates Commercial Real Estate (BC) Ltd. All Rights Reserved. 03/28/17.