New property listed in Cloverdale BC, Surrey

I have listed a new property at 17677 57 AVE in Surrey.
Must See! The subject property is well situated at the town’s commercial core, under Surrey OCP (Cloverdale Town Centre), FSR is 1.5. It consists of multiple uses including 3 retails, 6 services offices and 6 residential units in which 5 x 1bedrm suite and the remaining unit is a 2 bedrm suite. Net rent income is approx. $118,000 per annum. Building has 2 floors and the total floor area is approx. 13,357 SF. Newly roof. East wing consist of offices on the 2nd floor, retail on the ground floor and was built in 1966, west wing consist of 6 residential units on the 2nd floor, retails on the main floor, and it was built in 1972. Well keep solid building, rear staircase upgraded lately. Front and rear parking available. Easy access from Hwy10 and Hwy 15. Close to Clover Square Village. Excellent investment property for either holding or further redevelopment. Call now for more information!

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