About 12618 King George Blvd

Currently the subject property is operating primarily with automotive uses. Constructed on parcel of 1.36 acres is a building of approximately 15,000 sf of fully leased space. An adjacent parcel of 0.86 acres also services the building with additional parking and storage. Future use of the land is designated in the Neighbourhood Community Plan as “Transit Orientated Urban Village”. A transit focus of mixed commercial and residential is encouraged with the highest density in the area because of its proximity to the Scott Road Skytrain station. Multiple unit commercial/residential buildings can be built up to 45 units per acre with a 1.3 floor area ratio. The subject property is located along Scott Road next to the Scott Road Skytrain Station with high visibility at the King George Blvd overpass near the Pattullo bridge. Traffic volumes have increased significantly along King George blvd since the introduction of the Port Mann bridge tolls and the construction of the new South Perimeter Highway. Pattullo bridge traffic volumes for 2014 currently average approximately 78,000 cars per day. The bridge, which is over 75 years old is slated to be replaced with a 4 lane bridge that would be expandable to 6 lanes in the future. Interested parties must sign a non disclosure agreement for further details. Do not disturb owners or staff. Contact agent for further information.

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  • Transit friendly
  • Property Type Multifamily
  • Status Existing
  • Sale Price $6,400,000
  • Total Available Space 15,553 SF
  • Direct Available Space 0 SF
  • Sublet Available Space 0 SF
  • Min Divisible 15,553 SF
  • Max Contiguous 15,553 SF
  • Building Size 15,553 SF
  • Number Of Floors 2
  • Year Built 1980
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