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Surrey industrial warehouse on near-acre lot sells for $5.7 million

The upgraded industrial building, situated near a major highway interchange, sold for approximately $2.5 million over the assessed value.
19337 Enterprise Way, Surrey, B.C.

Property type: Industrial

Location: 19337 Enterprise Way, Surrey, B.C.

Number of tenants: 1

Size of property: 11,243 square feet

Size of land: 38,768 square feet

Land size in acres: 0.89 acres

BC Assessment value (2020): $3.28 million

List price: $5.88 million

Sale price: $5.7 million

Date of sale: December 20, 2020

Brokerage: Firm Real Estate Services Ltd., Fraser Elliot Group, Vancouver

Broker: Fraser Elliott