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High exposure Mission land sold for $6.1 million

Nine acres of development area in a prime location sold for above its assessed value
mission land
 
Price: $6,100,000
Lot Size: 9.02 acres
Property Type: Land
Zoning: R558 / CH2
2016 B.C. Assessment Value: $5,813,000
Date of Sale: 02/17/2017
City: Mission
Province: B.C.
Name of Brokerage: Colliers International
 
Three parcels of land featuring several acres of redevelopment potential have sold for $6.1 million, Randy Heed and Sheldon Scott of Colliers International report.
 
The nine-acre property includes a warehouse building and storage shed. Rona previously tenanted the building. The warehouse measures 13,701 square feet of gross leasable area. The city is reportedly supportive of rezoning. Paved parking stalls are located in front of and to the west of the showroom building. The properties are located along Lougheeg Highway, close to major retailers, Walmart and Superstore. 
 
The parcels are located at 32290, 32336 and 32352 Lougheed Hwy., in the heart of Mission. 
 

 

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