What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Why does this listing matter to local buyers?

A listing should not be judged only by photos and asking price. It should be compared within Surrey, the neighbourhood, similar supply, transit, schools, carrying costs and future liquidity.

Can this page confirm redevelopment or multiplex potential?

No. This page can help with initial screening, but buyers must verify zoning, lot size, frontage, servicing, trees, slope, BC Assessment, title and municipal permit requirements.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

SL4 8140 120 STREET

Surrey, British Columbia · Neighbourhood: Queen Mary Park Surrey

C$3,520,000

Local Decision Guide

How should buyers evaluate SL4 8140 120 STREET?

Start by reading this listing in its Surrey Queen Mary Park Surrey context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?

Recent comparable sales, competing active listings, days on market, price changes and current market pace.
Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.

How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

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Remarks

Unveil an exceptional 3,518 sq. ft. ground-floor retail unit in the heart of the bustling Scott Road corridor. Strategically positioned within Scott Plaza, this versatile asset offers unmatched street-level exposure on 120th Street, capturing thousands of daily commuters. The front is currently leased to a sweet shop for immediate income, while the rear features soaring 24-foot ceilings. This height allows for a legal mezzanine (with permits), making it ideal for a restaurant with a party hall, a high-end showroom, or flagship retail. This unit can also be purchased with the adjoining 3,480 sq. ft. space for a combined 6,998 sq. ft. footprint. Steps from anchors like Real Canadian Superstore, Best Buy, Sunfarm Produce, TD, and RBC, you benefit from hundreds of shared parking spots-a rare competitive advantage. With Scottsdale Exchange nearby and future growth via Surrey's "Imagine Scott Road" plans, this is a premier, transit-oriented investment with endless configuration potential. (id:56153)