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15259 17 Avenue
King George Corridor Surrey V4A 1T8

$4,495,000
Land Commercial

Main Photo: 15259 17 Avenue in Surrey: King George Corridor Land Commercial for sale (South Surrey White Rock)  : MLS®# C8065665
Photo 1: 15259 17 Avenue in Surrey: King George Corridor Land Commercial for sale (South Surrey White Rock)  : MLS®# C8065665
Photo 2: 15259 17 Avenue in Surrey: King George Corridor Land Commercial for sale (South Surrey White Rock)  : MLS®# C8065665
Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8065665
Claire Group is pleased to offer investors a prime redevelopment opportunity in the heart of South Surrey, just minutes from White Rock Beach. This 3-lot parcel (15259, 15269 & 15279 17th) is ideally positioned for redevelopment into a low-rise residential building. This property is eligible for rezoning under the Local Area Plan, which permits a Floor Area Ratio (FAR) of up to 2.0 and building heights of up to 5 storeys, with the potential for a 6th storey subject to setback requirements. Interested buyers are encouraged to consult with the City of Surrey to fully explore the redevelopment potential. This is an excellent opportunity for developers looking to capitalize on a desirable, central location.
Sale Type:
Asset
Property Type:
Land Commercial
Subject Property Depth:
121'
Subject Property Width:
180'
Title to Land:
Freehold
Lot Area:
21,780 sq. ft.
Acres Freehold:
0.5 acre(s)
Zoning:
Potential to Redevelop:
Low Rise Residential up to 5 storeys with 2 FAR, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Services Connected:
Fully Serviced
Sewer:
Public Sewer
Parcel Number:
009817344
Taxes:
$14,298.46 / 2024
No
1% OF THE FINAL SALE PRICE
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Low Rise Residential up to 5 storeys with 2 FAR, 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: 15259 17 Avenue in Surrey: King George Corridor Land Commercial for sale (South Surrey White Rock)  : MLS®# C8065665
    Photo 1 of 2
  • Photo 2: 15259 17 Avenue in Surrey: King George Corridor Land Commercial for sale (South Surrey White Rock)  : MLS®# C8065665
    Photo 2 of 2
Listed by RE/MAX Real Estate Services
Data was last updated April 24, 2025 at 10:35 PM (UTC)