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5708 176 St 21,000 SF Retail Building Surrey, BC V3S 4C8 $13,995,000 CAD ($666.43 CAD/SF)
Executive Summary
These two prime parcels that must be sold together present a unique C15 (Town Centre Commercial) zoned assembly. The primary property at 5708 176 Street features a 20,726square foot building situated on a 12,177 square foot lot, currently improved with a restaurant on the ground floor and offices above. Supporting this is 5747 176A Street, an additional 12,401 square foot lot currently improved as a paved parking lot with 32 parking stalls. Less than one kilometer from the new hospital in Cloverdale, this strategic location is poised for significant growth and reliable traffic. The Town Centre community plan designation allows for a variety of redevelopment opportunities including public facilities, institutional uses, commercial, and mixed use buildings. The properties can be sold with the current restaurant lease in place. All inquiries and showing requests should be directed to the listing brokers. Please do not disturb any on-site staff with inquiries.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
21,000 SF
Building Class
B
Year Built
2014
Price
$13,995,000 CAD
Price Per SF
$666.43 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.72
Lot Size
0.28 AC
Zoning
C-15
Frontage
229’ on 176 Street
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 44
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5708 176 St
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