rETail 6758 kIng gEOrgE bOuLEvArd SUrrEy, BC

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mixed use for sale | retail 6758 king george boulevard surrey, 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

SUBJECT

ff Free standing 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]

mi x e d use fo r sale | retail 675 8 king geo r ge boulevar d su r r ey, BC

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. 18,865 SF ff RF (Single Familty Residential) for the rear portion of approx. 9,977 SF

ff 3 retail units f f 2 units measuring 592 SF each, one unit measuring 2,200 SF Total Area (Approx.) Ground floor retail

3,384 SF

Second floor residential

2,778 SF

Total

6,162 SF

Income (Approximate) Residential

$3,000 per month

Ground Floor Retail

$2,000 per month

Total

$5,000 per month

Rents are gross and include property taxes, maintenance,

Tenant Mix

building insurance and structural repair.

Ground Floor Retail ff Top Dog occupies approximately 592 SF on a month to month basis, paying $2,000 per month plus GST

Gross Taxes (2015) $21,490.55

ff Eco Vet Cleaners occupies approximately 2,200 SF and may

Asking Price

commit to a long term lease ff Currently there is one unit of approximately 592 SF that is vacant

$2,975,000

Lot Size Approximately 28,842 SF measuring 115 feet on King George Blvd by Northern property line of 263 feet and a South property line of 270 feet

SUBJECT

Lee & Associates Vancouver 604 684 7117 | www.lee-associates.com | l @LeeAssociatesBC 475 West Georgia Street, Suite 800 | Vancouver, British Columbia | V6B 4M9 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. 03/22/2016.