1555-1557 56 STREET
Delta, BC V4L 2A9 · Cliff Drive
$8,000,000
Type
Commercial Sale
Category
Retail
Lot Size
0.68 acres
Zoning
C-1 CORE COMMERCIAL
Year Built
1969
About This Property
Opportunity to purchase this highly visible retail shopping plaza in Tsawwassen's retail core. Six retail and service tenants including Dairy Queen, 7-Eleven, Pizza Hut and Ossie's Deli. Enjoy significant upside in medium term rental rates during your holding period leading to a major re-development. A nearby active DP Application on 56th Street indicates a six storey mixed used development featuring 12,857 s.f. of commercial space, 80 rental apartments and two levels of underground parking for the subject site, utilizing the OCP's Neighbourhood Centres and Corridors (NC)zoning densities. Assemble the adjacent properties to double the size of this property's potential. Please contact Seller's Agent by email to request an NDA. michael@northernvisionrealty.com
MLS® C8081153. Listed by Northern Vision Realty Advisors Inc.. Commercial MLS® data provided by Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Chilliwack & District Real Estate Board, and BC Northern Real Estate Board. Information deemed reliable but not guaranteed.