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2233 156 St
Surrey, BC V4A 4V3

$1,136,369 - $2,058,163 USD

Apartments Condos For Sale  •  1,378+ SF

Property Details

  • Property Type Apartments
  • Total Building Size 34,680 SF
  • Lot Size 0.75 AC
  • Building Class B
  • Year Built 2026
  • Cap Rate 4.78 %
  • Tenancy Multiple
  • Zoning CD
50 Transit Score
88 Walk Score

4 Units Available

Name Condo Use Size Price Details
1st Floor - Unit 101 Retail 2,477 SF $2,058,163 USD
  • Unit Size: 2,477 SF
  • Condo Use: Retail
  • Price: $2,058,163 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $830.91 USD
Sale Notes
SECURE INCOME PROPERTY AT KINGSGATE – COMPLETING Q1 2026. Located at 2233 156 Street, this ground-level retail unit offers a prime investment opportunity anchored by a secure Daycare Operator. This is a pure investment offering: the property is being sold with the tenant in place (no physical possession for the buyer). Priced on a cap rate basis, this pre-sale opportunity allows investors to lock in a clear rate of return in a brand-new development. Situated in a high-traffic, growing neighborhood, this is a hands-off, stable asset for the serious investor. Contact the listing agent for full lease and income details.

1st Floor - Unit 104 Retail 1,378 SF $1,136,369 USD
  • Unit Size: 1,378 SF
  • Condo Use: Retail
  • Price: $1,136,369 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $824.65 USD
Description
PRIME INCOME GENERATING ASSET AT KINGSGATE – UNIT 104

Take advantage of a prime investment opportunity at 2233 156 Street, Unit 104! This ground-level retail space within the upcoming Kingsgate development is an ideal income-producing asset, fully pre-leased to a Daycare Operator. Ideally located in a bustling area, the unit offers excellent visibility and easy access—key drivers for the tenant's long-term success. With large windows allowing for ample natural light, the space creates an inviting atmosphere for the childcare facility. Surrounded by popular businesses and local amenities, and with completion set for Q1 2026, this is a fantastic opportunity to secure a worry-free, income-generating property in a thriving Surrey neighborhood.

1st Floor - Unit 105 Retail 1,771 SF $1,471,642 USD
  • Unit Size: 1,771 SF
  • Condo Use: Retail
  • Price: $1,471,642 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $830.97 USD
Description
PRIME INCOME PROPERTY AT KINGSGATE – SECURED DAYCARE TENANT

Unit 105 – 2233 156 Street. An exceptional opportunity to acquire a pre-leased retail asset in the upcoming Kingsgate project, completing in Q1 2026. This ground-level retail space is located in a vibrant, high-traffic area and offers immediate passive income with a Daycare Operator already secured as the tenant. The unit features a modern design with large storefront windows, providing plenty of natural light and excellent exposure—key factors that ensure the tenant's long-term success. Situated in a brand-new development surrounded by thriving businesses and community amenities, this is a hands-off investment in a growing Surrey neighbourhood. Don't miss the chance to add this high-quality asset to your portfolio!

1st Floor - Unit 108 Retail 2,386 SF $1,978,589 USD
  • Unit Size: 2,386 SF
  • Condo Use: Retail
  • Price: $1,978,589 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $829.25 USD
Description
THE CROWN JEWEL OF KINGSGATE – PRIME CORNER ASSIGNMENT

This is the flagship opportunity you have been waiting for. Located at the high-traffic intersection of King George Blvd & 156 St, this is the final and most prominent unit at the upcoming Kingsgate development. Boasting unparalleled three-sided visibility and soaring double-height windows, this corner unit acts as a massive, light-filled billboard for your brand.

Sale Notes
This is a strategic "gap" in the local market. With the building already anchored by a Dentist, Daycare, and Pharmacy, the daily foot traffic is built-in. We are looking for the missing piece to complete this hub. This space is perfectly suited for a Medical Clinic, Physio/Chiro Practice, Veterinary Hospital, or a high-exposure Restaurant/Café. Capitalize on the thousands of cars passing daily and the captive audience already visiting the building. The seller is highly motivated and flexible—bring your ideas and let’s make a deal on this trophy asset!

Financial Summary

Cap Rate: 4.78 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Kingsgate Condos

Amenities

  • Air Conditioning
  • Balcony
  • Controlled Access
  • Fitness Center
  • Tenant Controlled HVAC
  • Heating
  • Recycling
  • Smoke Free
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Abbotsford International 47 min - 21.6 mi
Bellingham International 33 min - 23.5 mi
Vancouver International 44 min - 25.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 39
Type: Covered
Included in Rent: Yes
Sumir Chauhan 778-657-0090 Royal LePage Global Force Realty
Sumir Chauhan 778-657-0090 Royal LePage Global Force Realty