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3221 140 Street

Elgin Chantrell, South Surrey White Rock

$3,690,000



COMMERCIAL PROPERTY



The Property is located on the north west corner of 32nd Ave and 140th St in the Elgin Park/Bayview area of South Surrey. Two of the other corners of this intersection are also commercially developed with newer projects creating a small retail enclave known as Elgin Corners. The property is currently improved with 4,735 sq.ft. building that is leased to the Return-it Depot for 10 Years with escalations in income. Current New Operating Income: $76,500. Proposed development for the site by the current owners: Proposed Building: 15,810 sq.ft. Plus existing building 4,735 sq.ft = Total Building area: 20,545. Development Permit for Form and Character to permit the construction of two additional floors above the existing building, which consists of one partially-submerged storey.




 
MLS®C8022612
TypeProperty

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 at 3221 140 Street, Elgin Chantrell, South Surrey White Rock

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