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$ 3,480,000
Est. payment /mo
Active
11123 128 ST #11113 Surrey, BC V3T 3A7
0.36 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type Asset
MLS Listing ID C8079004
Year Built 1980
Lot Size 0.361 Acres
Property Sub-Type Industrial
Property Description
Two high-exposure commercial properties — 11113 and 11123 128 St — offered together as one package . Approx. 15,700 SF combined with approx. 100 ft of frontage on 128 St and outstanding traffic exposure. Designated Highway Commercial under the South Westminster Plan (zoned IL-1; OCP Low-Rise II), the property sits among major draws including Home Depot, gas stations, and A&W, with McDonald's and the ice stadium close by. 11113 128 St features a 2-storey freestanding building (approx. 4,200 SF). The ground floor is leased to an auto repair shop at $4,500/mo gross, while the upper floor offers a 5-bedroom living space with $2,000–$3,000/mo of additional income potential. 11123 128 St, with its temporary structure, is currently leased at $3,000/mo — bringing combined in-place income to $7,500/mo, with potential of about $10,000/mo once the upstairs is rented out. A rare package offering scale, income, and long-term redevelopment potential on one of North Surrey's busiest corridors.
Location
Province BC
Community Bridgeview
Area North Surrey
Zoning IL1
Others
Restrictions None Known
Ownership Freehold
