33157 1ST Avenue – Mission (MLS®# C8066686)

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Bar with pendant lighting, indoor wet bar, and wood finished floors
Photo 1: 33157 1ST Avenue - Mission (MLS®# C8066686)
Photo 2: 33157 1ST Avenue - Mission (MLS®# C8066686)
Photo 3: 33157 1ST Avenue - Mission (MLS®# C8066686)
Status:
Active
Prop. Type:
Retail
MLS® Num:
C8066686
Investor Alert! Seize this remarkable opportunity to own a freestanding building with very good exposure located in Downtown Mission. Solid updated and well maintained building, currently running as a restaurant and is fully equipped and fully renovated. Updates include new roof, plumbing, electrical and much more. Build equity in your building! Great investment. Recently completed beautiful streetscape improvement by the city. Just a short walk to West Coast Express Station. Travel from Downtown Mission to Downtown Vancouver Waterfront Station without the hassle of traffic! Building is on nearly 1/4-Acre and this property falls under Mission's Downtown Development Incentive Plan with redevelopment potential at a 4.5 FSR, allowing 41,000+SF buildable. Excellent upside for high density mixed-use development with street level retail & condos above. Buyer's to verify with the City of Mission for potential development. Located on 1st Ave aka Lougheed Highway/Highway #7.
Sale Type:
Asset or Share
Year built:
1975 (Age: 50)
Total Floor Area:
5,087 sq. ft.
Lot Area:
9,150 sq. ft.
Lot Depth:
122
Lot Frontage:
75'
Land Use/Zoning:
DT1
Permitted Use:
Retail
Taxes:
$24,314.73 / 2024
Potential to Redevelop:
Yes
Env Assmt Phase:
No
  • Photo 1: 33157 1ST Avenue - Mission (MLS®# C8066686)
    Bar with pendant lighting, indoor wet bar, and wood finished floors
  • Photo 2: 33157 1ST Avenue - Mission (MLS®# C8066686)
    View of property
  • Photo 3: 33157 1ST Avenue - Mission (MLS®# C8066686)
    Exterior space with street lights
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Listed by RE/MAX Bozz Realty
Data was last updated March 28, 2025 at 04:35 AM (UTC)
Rod Friesen & Associates
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