7624 & 7642 Cedar St, Mission, BC

About the Property
This offering presents a rare opportunity to acquire two adjacent commercial-zoned properties located on Cedar Street in Mission, BC. With a combined site area of nearly 0.45 acres, these properties are strategically positioned in the rapidly growing Cedar Valley neighborhood, offering immense potential for mixed-use development or long-term holding.
Currently zoned for commercial use with a proposed “Neighbourhood Centre” designation in the 2025 OCP update, the properties allow for a wide range of uses, including daycare, restaurants, medical offices, fitness studios, and more. The mixed-use zoning permits development of up to 6 storeys, providing flexibility for residential units above commercial spaces.
The properties are ideally situated on Cedar Street, an arterial route with significant traffic, connecting to both the Cedar Valley and expanding residential neighborhoods. Each property is improved with a dwelling and is currently tenant-occupied, generating rental income while offering the potential for future development.
This is a unique chance to invest in Mission’s evolving landscape, with endless possibilities for creating a thriving commercial or mixed-use development in one of the most sought-after areas in the region.
Key Highlights:
- Rare commercial-zoned adjoining properties with mixed-use potential.
- Combined site area of nearly 0.45 acres.
- Prime location on Cedar Street with high traffic visibility.
- Approved for up to 6 storeys, allowing for diverse development opportunities.
- Currently tenant-occupied, providing immediate rental income.
Seize this opportunity to invest in a prime location with significant growth potential in Mission’s thriving Cedar Valley neighborhood.
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Details
- PID: 000-741-337, 012-399-507
- Property Type: Land Only
- Square Footage: 19,800 sf lot (Combined)
- Zoning: S-20 R558
- Listing Price: $919,900 Each