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Mission waterfront industrial site sold for $2.8M

Two-acre land parcel in prime development location fetches $400K under its $3.2M asking price
DD Mission industrial riverfront site 2

Two acres of Fraser River frontage, a prime location in Mission’s Waterfront Development Area, have sold for $300,000 under asking, reports Royal LePage Wheeler Cheam Realty.

Breakdown:

Type of property: Industrial land on waterfront

Size of land: Two acres (in two parcels)

Location: 7150 Bank Street and 33356 Timberwood Avenue, Mission

Zoning: Industrial (ING)

Asking price: $3.2 million

Sale price: $2.8 million

Date of sale: January 25, 2020

Brokerage: Royal LePage Wheeler Cheam Realty, Vancouver

Brokers: Jag Cheema, Royal LePage; listing agent Harpreet Singh PREC, Cushman & Wakefield