For Sale

About 5844 Glover Road

OWNER-USER or INVESTOR OPPORTUNITY! High profile corner property next  to Magnolia Gardens (a 100 unit retirement community) and 'The Meadows' a 40 acre residential development. Steps from Kwantlan University, and near the Luxury Car Dealerships (Mercedes, Porsche, Jaquar, Land Rover and more). Prime location for investors, and excellent repositioning opportunties for an Owner- User to occupy one of the main floor spaces (1700 sf retail or 2400 sf office). Newly renovated residential units are almost complete with the last 2 units available for rent in November. Large 20,681 sf site, 12,800 sf building is zoned C1-Dowtown Commercial with future OCP redevelopment to Mid-Density 4 story with 1.60 FSR. Great holding property for investor, or owner-user with own business. $206,136 is projected NOI once fully leased. Information available upon request.
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Maureen Mounzer


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3 suites available

12,800 SF
1,700 SF
2,400 SF
  • Bike friendly
  • Dedicated parking
  • Transit friendly
  • Property Type Retail
  • Zoning C-1
  • Status Existing
  • Sale Price $4,899,000
  • Net Operating Income $206,136
  • Total Available Space 12,800 SF
  • Direct Available Space 4,100 SF
  • Sublet Available Space 0 SF
  • Min Divisible 1,700 SF
  • Max Contiguous 12,800 SF
  • Building Size 12,800 SF
  • Number Of Floors 2
  • Year Built 1975
  • Parking Ratio 1 per 1,000 SF
  • Flyer Download

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