1508 Everall St - Commercial LAND FOR SALE


White Rock, BC V4B 3S8 16,753 SF
$4,800,000 CAD
604-692-1402

NO PHOTO

$4,800,000 CAD
Commercial LAND - FOR SALE
16,753 SF

1508 Everall St
White Rock, BC V4B 3S8


HIGHLIGHTS

  • 16,751 SF site (125 ft total frontage x 131 ft depth)
  • OCP permits up to 6-storeys, 2.50 FAR for rental development (with 10% below market)
  • Opportunity to build approx. 50 woodframe rental units
  • Capitalize on strong rental fundamentals with newer rental units pushing $4.00 per SF

OVERVIEW

Colliers is pleased to present the opportunity to acquire a lowrise residential development in the great White Rock neighbourhood, with the prospect to build approximately 50 woodframe rental units. The property is located with a 12 minute walking distance to the White Rock Pier, Johnston Street retail & restaurants, Semiahmoo Shopping Centre, and the White Rock Centre Rapid Bus Stop. Per the OCP, 1508 Everall Street has rezoning potential for a 6-storey market rental building, including an estimated unit count of 50 units (including 5 affordable units) and estimated parking of two underground levels (48 stalls).

FOR SALE DETAILS

PRICE

$4,800,000 CAD

PRICE/ACRE

$12,482,120/AC

PRICE/SF

$287 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

0.38 AC

LAND SF

16,751 SF

OFFSITE IMPROVEMENTS

-

ZONING

RS1

APN/PARCEL ID

006-114-377

ASK ABOUT THIS PROPERTY

David TaylorColliersMore Info
604-692-1402

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David TaylorColliersMore Info
604-692-1402

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.