12343 Old Yale Rd 0.15 Acres of Industrial Land Offered at $1,249,999 CAD in Surrey, BC V3V 3X7

This property offers a unique investment opportunity in Surrey’s established industrial hub. The IL-1 zoning provides flexibility for a range of industrial and commercial uses, making it attractive for business owners, mechanics, and investors seeking operational convenience. The site includes a detached 1,300 SF workshop equipped with a hoist, allowing for on-site work while maintaining residential comfort in the existing three-bedroom, two-bath home. Although the home requires some TLC, it adds value for those looking to combine living and working spaces.
Currently leased at $5,000 per month, the property generates immediate income while offering long-term upside through redevelopment or owner-occupancy. Its central location ensures excellent connectivity to major transportation routes, including Highway 17, and proximity to Scott Road SkyTrain Station and local transit options. Nearby automotive parts stores and industrial services further enhance operational efficiency. With nearly 6,500 SF of IL-zoned land, this asset is well-positioned for future growth and adaptability in a high-demand industrial corridor.