1.77 acres development opportunity. NCP designation for Industrial Business Park. No creaks or easements and 96% usable. Zoning is 0.5 - 1.0 FSR up to 4 stories for manufacturing, processing, warehousing, distribution, and office uses. Good rental income with a 3 bdrm suite downstairs and recent renovations! $30,000 spent on a new well in 2015. Corner property with excellent frontage, greenhouse, horse stable, chicken coop, and a beautiful yard. And an amazing vegetable garden! Metro Vancouver currently has the hottest Industrial land market in the world with lease rates up 29% year over year due to the high demand for logistics and storage space in urban centres from e-commerce giants like Amazon. Every once in a while opportunity comes knocking... invest
$5,613 / 2018
House with Acreage
Fin. Floor Areas
Listed by Sutton Group-West Coast Realty (Surrey/24)
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