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8363 128th St
Surrey, BC V3W 4G1
Flex Property For Sale
·
49,065 SF
INVESTMENT HIGHLIGHTS
- Heavy Daytime foot traffic
- Ground floor and double door entry
- Freestanding building with road frontage
- Front building exposure
- Zoning allows redevelopment potential
- Located in Whalley commercial district
EXECUTIVE SUMMARY
Located in the vibrant Red FM Plaza, 8363 128th Street offers a highly visible and versatile commercial space in Surrey’s bustling Newton business hub. Unit 103 spans 1,925 square feet and is currently tenant-occupied, with flexible lease terms and the option for either asset or share sale. The property features a ground-floor storefront with double door entry, high ceilings, and a beautifully constructed mezzanine office, making it ideal for retail, office, or educational use. Built in 2004, the mixed-use building includes two floors and a total area of 49,065 square feet, with a parking ratio of 1.01 per 1,000 square feet and three dedicated parking spaces for the unit. Zoned CD for comprehensive development, the site sits on a 3.76-acre lot and offers strong redevelopment potential. Positioned at the corner of 84 Avenue and 128 Street, the location benefits from heavy daytime foot traffic, a signalized intersection, and direct access to public transit with a bus stop at the front entrance. [loopnet.com], [realtor.ca], [swarnsekhon.ca]
PROPERTY FACTS Under Contract
| Total Building Size | 49,065 SF | Typical Floor Size | 24,532 SF |
| Property Type | Flex (Condo) | Year Built | 2004 |
| Property Subtype | Showroom | Lot Size | 3.76 AC |
| Building Class | B | Parking Ratio | 1.01/1,000 SF |
| Floors | 2 | ||
| Zoning | CD - Comprehensive Development | ||
| Total Building Size | 49,065 SF |
| Property Type | Flex (Condo) |
| Property Subtype | Showroom |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 24,532 SF |
| Year Built | 2004 |
| Lot Size | 3.76 AC |
| Parking Ratio | 1.01/1,000 SF |
| Zoning | CD - Comprehensive Development |
AMENITIES
- 24 Hour Access
- Front Loading
- Mezzanine
- Security System
- Signage
- Air Conditioning
- Smoke Detector
1 UNIT AVAILABLE
Unit 103
| Unit Size | 1,925 SF | Sale Status | Under Contract |
| Condo Use | Office/Retail | No. Parking Spaces | 3 |
| Sale Type | Investment | APN/Parcel ID | 026-022-265 |
| Unit Size | 1,925 SF |
| Condo Use | Office/Retail |
| Sale Type | Investment |
| Sale Status | Under Contract |
| No. Parking Spaces | 3 |
| APN/Parcel ID | 026-022-265 |
DESCRIPTION
Red FM Plaza offers a highly visible and popular location with excellent exposure in front of the building. Currently tenant-occupied, the tenants are flexible and willing to vacate as needed. The property features a ground floor with a double door entry and is available for either an asset or share sale. With its versatile design, the building can accommodate a variety of uses, including schools, offices, and more. It boasts a high ceiling and a beautifully constructed mezzanine office, making it well-suited for retail or other commercial applications.
SALE NOTES
Red FM Plaza offers a highly visible and popular location with excellent exposure in front of the building. Currently tenant-occupied, the tenants are flexible and willing to vacate as needed. The property features a ground floor with a double door entry and is available for either an asset or share sale. With its versatile design, the building can accommodate a variety of uses, including schools, offices, and more. It boasts a high ceiling and a beautifully constructed mezzanine office, making it well-suited for retail or other commercial applications.
