District 104, a long-vacant Surrey building, is up for sale or lease, offering diverse commercial opportunities in a booming urban area.
Iconic Surrey Building Back on Market
After sitting empty for more than 25 years, a well-known mixed-use complex in Surrey is once again listed for sale or lease. The former Westfield Business Centre at 14178 104 Ave., now rebranded as District 104, has changed hands multiple times but has yet to find a lasting occupant.
Turnkey Opportunities in a Growing Urban Hub
According to the listing by Colliers, District 104 spans 271,000 square feet and offers a “turnkey opportunity to capitalize on Surrey’s remarkable growth trajectory.” The property already has approved permits for base building upgrades, making it ready for immediate income generation or long-term investment.
With flexible zoning, the building can host a wide variety of commercial uses, from retail shops like grocery stores and pharmacies to banquet halls, art galleries, theatres, offices, restaurants, and childcare centres.
A History of Transactions and Vacancy
Originally built in 1998 as the Canada Asian Centre, the building has largely remained vacant since its construction. Westfield purchased it in April 2022 for $55 million but quickly ran into financial trouble. Property taxes went unpaid, insurance lapsed, and loan obligations were defaulted, leading to foreclosure.
In 2025, a numbered company acquired the property for $56.5 million after court approval. Now, with the District 104 branding, the site is being marketed again to attract both investors and businesses.
Other Surrey Commercial Sites Up for Court Sale
District 104 isn’t the only Surrey property under court-ordered sale. Elgin Business Park, located in the 3000-block of 148th Street, is also available. This complex, built in 2024, includes four commercial buildings with a combined 105,111 square feet of rentable space.
The listing highlights that investors could immediately generate income while stabilizing vacancies in the near term. Any sale of these court-ordered properties requires court approval, and interested buyers must submit offers to the receiver for consideration.
Why Investors Should Take Note
With Surrey rapidly evolving and District 104 located in a bustling urban area, experts say the property presents a rare chance to secure a large, versatile commercial space. From retail to cultural venues, this building’s potential remains untapped—waiting for the right vision and investment to bring it to life.
