HIGH-EXPOSURE INCOME PROPERTY with 5% cap rate PLUS rent escalation. Positioned in Delta's growth corridor, this sprawling 30,147 SF (0.69 AC) corner lot boasts incredible exposure, easy site access, extensive parking, and a 2,205 SQFT retail building. Fully tenanted on a long term lease with strong holding income, it pays for itself while you navigate project planning for the future. Designated "Neighbourhood Centres & Corridors" under Delta's OCP, encouraging multi-unit residential and mixed-use development up to 6 storeys (townhouses, mid-rise apartments, ground-floor retail mixed-use). High-visibility location along River Road with seamless access to Hwy 91, Hwy 17, and Alex Fraser Bridge.
Address
10240 River Road, Delta
List Price
$5,760,000
Type of Dwelling
Commercial
Style of Home
Other
Transaction Type
Sale
Area
N. Delta
Sub-Area
Nordel
Lot Size
30147 Sq. Ft.
Year Built
1977
MLS® Number
C8080771
Listing Brokerage
Dracco Pacific Realty
Zoning
C4
Tax Amount
$33,464.01
Tax Year
2025
Features
• Strong investment returns • Built-in income growth • Prime corner location • Excellent accessibility • Ample parking and site access • Existing retail asset • Flexible future use