Iconic Properties Group is pleased to showcase this unique opportunity to acquire 15437 & 15453 Fraser Highway, Surrey, BC. This two lot development site sits perfectly on approximately 1.3 acres of land. With the current zoning of Highway Commercial Industrial (CHI), the opportunities are limitless with this investment; Uses can range from warehousing, to office, and many different types of retail uses.
Alongside the current zoning, the City of Surrey is working on the new community plan for Fleetwood which would allow this property to potentially acquire density of 3.25 Floor Space Ratio (FSR). Ultimately this would allow for retail at the base of the future development with residential apartments above.
Available Space56,850 ft²
This unique site is located on the busy and extremely visible corner of Fraser Highway and 154 Street. With large grocery store chains and many restaurants within walking distance of the subject property, the visibility of this parcel functions in driving high numbers of local traffic into its surrounding area. Population traffic will never be an issue with many transit accessible routes just short distances from the site. To add to this appeal, new community plans bring new Skytrain stations into the area making it into a Frequent Track Network and increasing density and approved land uses. As locations like this don’t come to market often, you do not want miss this opportunity!