Industrial for sale
13369 72 Avenue, West Newton, West Newton, Surrey
$15,900,000
Features
Year Built
1980
Floor Area
34,560 sqft
Lot Size
70,932 sqft
Gross Property Tax
$144,666.82 /year
Building Type
Mul Tenant/MultiPlex (5+), Street-Level Storefront, Warehouse
Zoning
IL
# of Parking Spaces
70
Amenities
Air Conditioning, Mezzanine, Paved Yard, Storefront, Visitor Parking, Washrooms Female/Male
Ceiling Height
20 ft
Description
Opportunity to acquire a fully occupied 34,560 SF multi-tenant industrial asset on 1.63 acres in Newton's established business hub. This 16-unit building delivers $594,000 projected NOI with stable cash flow from diverse small business tenants. The building is ideally suited for future strata conversion to capitalize on strong owner-occupier demand in Newton. Flexible unit configurations and street-front access make individual unit sales highly viable for long-term upside potential. Located in Surrey's most active small industrial hub serving construction trades, automotive services, and specialty manufacturers. Reduced vacancy risk through multi-tenant format and stron
MLS® Number C8076477