Commercial Land for sale
15259 17 Avenue, King George Corridor, Surrey
$4,800,000
Features
Lot Size
21,946 sqft
Gross Property Tax
$14,298.46 /year
Zoning
R3
Subject Property Width
180 ft
Subject Property Depth
121 ft
Permitted Land Use
Multifamily (5+)
Water Supply
Municipal
Sewer/Septic
Municipal/Community
Description
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.
MLS® Number C8065665