Great Holding Property! The subject property is located on the south ease intersection of 7th Ave and Cedar St.
It is a corner site with 3 road frontages, comprise of 4 side-by side legal lots forming a rectangular shaped configuration. Many amenities nearby, including Mission Secondary, Mission Leisure Centre, Mission Memorial Hospital, St. Joseph’s Catholic Church, etc.
The 3-storey concrete building is approx. 7694 Sq. Ft., and brings approx. $70,000 net income per year. Property lot size is 36,960 Sq. Ft. (215 X 145 ), under CNC1 (Commercial Neighborhood Centre One) Zone.
Has potential to build a second 4-6 Storey commercial building beside. Good holding properties for future development.