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11129 128 St 0.36 Acres of Commercial Land Offered at $2,505,039 USD in Surrey, BC V3T 3A7
Investment Highlights
- Two contiguous South Westminster lots totaling approximately 15,700 SF with 100 feet of frontage along 128 Street
- Excellent connectivity to regional transportation routes, including bridges and highways serving Metro Vancouver
- High-visibility location in an established commercial corridor near Home Depot, gas stations, quick-service dining, and recreational facilities
- Existing two-story building includes income-producing auto repair business at $4,500 monthly gross rent and an upper-level residential suite
Executive Summary
11113 128 Street features a freestanding two-story structure measuring approximately 4,200 SF. The ground level is currently leased on a month-to-month basis to an established auto repair and car wash, while the upper floor consists of a five-bedroom residential suite. 11123 128 Street hosts a temporary unpermitted structure, offering redevelopment flexibility alongside the income potential from the adjacent property.
Property Facts
| Price | $2,505,039 USD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.36 AC |
| Zoning | IL - Light Industrial | ||
| Price | $2,505,039 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.36 AC |
| Zoning | IL - Light Industrial |
1 Lot Available
Lot
| Price | $2,505,039 USD | Lot Size | 0.36 AC |
| Price Per AC | $6,950,294.16 USD |
| Price | $2,505,039 USD |
| Price Per AC | $6,950,294.16 USD |
| Lot Size | 0.36 AC |
This listing including two properties must be sold together. 11113 128 St. and 11123 128 St. The two lot together is approx. 15,700 SF with approx 100 Ft along 128 St. Large pedestrian and traffic exposure.
Description
The property consists of two adjoining lots within Surrey’s South Westminster Plan totaling approximately 15,700 square feet with about 100 feet of frontage on 128 Street. The parcels are located in a developed commercial district under IL-1 zoning, which accommodates light industrial and related commercial uses. One parcel contains a two-story structure with an automotive service tenant and a residential unit above, and the other has an unpermitted temporary structure. Nearby amenities include large-format retail, fuel stations, dining establishments, and recreational facilities. The site provides access to major transportation routes serving the regional market.
Presented by
11129 128 St
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