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10227 King George Boulevard
Whalley Surrey V3T 2W6

$50,000,000
Land Commercial, Retail

Drone / aerial view featuring a mountain view
Status:
Active
Prop. Type:
Land Commercial, Retail
MLS® Num:
C8068409
Build. Type:
Strip Mall
The Property has a site size of 67,950 sq. ft. (1.55 acres). With a designated density of Mixed-Use 7.5 FSR, and total 9.0 FSR achievable with the 20% density bonus policy, the maximum achievable buildable area is 611,550 sq. ft. Previously, a 10.9 FAR 67 storey mixed-use development plan was approved. As a corner lot along a busy intersection, the Property is well positioned to maximize its frontage for ground floor retail. With the City planning to open a new 102A Avenue road and additional lane behind the property, its exposure and frontage on main roads will be potentially 715'.
Sale Type:
Asset
Property Type:
Land Commercial, Retail
Construction:
Frame Wood
Building Type:
Strip Mall
Living Area:
27,033 sq. ft.
Class Of Space:
Class A
Title to Land:
Freehold
Lot Area:
1.55 acre(s)
Zoning:
Potential to Redevelop:
Designated density of Mixed-Use 7.5 FSR, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Cooling:
Varies by Unit
Electricity:
Yes
Services Connected:
Cable Connected, Electricity Connected, Fully Serviced, Garbage Collection, Natural Gas Connected, Phone Connected, Sidewalk
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Parcel Number:
005210232
Taxes:
$583,013.33 / 2024
No
0.5%
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Designated density of Mixed-Use 7.5 FSR, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 10227 King George Boulevard in Surrey: Whalley Land Commercial for sale (North Surrey)  : MLS®# C8068409
    Drone / aerial view featuring a mountain view
Listed by CBRE Limited
Data was last updated April 24, 2025 at 09:35 PM (UTC)