Cliff Drive · Delta · BC
1557 56 Street
Retail · For sale
Asking
$8,000,000
MLS® C8081153
- Lot
- 29,620.8 sqft
- Built
- 1969
- Parking
- 4
The property
Opportunity to purchase this highly visible retail shopping plaza in Tsawwassen's retail core. Six retail and service tenants including Dairy Queen, 7-Eleven, Pizza Hut and Ossie's Deli. Enjoy significant upside in medium term rental rates during your holding period leading to a major re-development. A nearby active DP Application on 56th Street indicates a six storey mixed used development featuring 12,857 s.f. of commercial space, 80 rental apartments and two levels of underground parking for the subject site, utilizing the OCP's Neighbourhood Centres and Corridors (NC)zoning densities. Assemble the adjacent properties to double the size of this property's potential. Please contact Seller's Agent by email to request an NDA. michael@northernvisionrealty.com
Facts & features
The property
- Title
- Freehold
- Zoning
- C-1 CORE COMMERCIAL
- Storeys
- 1
Listing details
- Listing agent
- Michael Anderson
Listed by Northern Vision Realty Advisors Inc.
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This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assume no responsibility for its accuracy.
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