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$ 5,760,000
Est. payment | /mo
0.69 Acres Lot
$ 5,760,000
Est. payment | /mo
0.69 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID C8080771
Lot Size 0.692 Acres
Acres 30147.0
Property Description
HIGH-EXPOSURE INCOME PROPERTY with 5% cap rate PLUS rent escalation. Positioned in Delta's growth corridor, this sprawling 30,147 SF (0.69 AC) corner lot boasts incredible exposure, easy site access, extensive parking, and a 2,205 SQFT retail building. Fully tenanted on a long term lease with strong holding income, it pays for itself while you navigate project planning for the future. Designated "Neighbourhood Centres & Corridors" under Delta's OCP, encouraging multi-unit residential and mixed-use development up to 6 storeys (townhouses, mid-rise apartments, ground-floor retail mixed-use). High-visibility location along River Road with seamless access to Hwy 91, Hwy 17, and Alex Fraser Bridge. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by Dracco Pacific Realty
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