$2,040,000

Investment For Sale In Langford, British Columbia

$2,040,000

Property Information:

Exceptional opportunity to acquire a prime property located in the core area of Langford, one of British Columbia's fastest-growing communities. This property, zoned as Service Commercial (CS1), offers a wide range of permitted uses and boasts some of the highest base rental rates in Canada, ranging from $18 to $29.99 plus operating costs. Whether you are an owner-occupier seeking a strategic location or an investor looking for a lucrative holding property, this opportunity is ideal. The property can be purchased individually or as part of an assembly that includes 711, 715, and 110-721 Station Ave. The building has undergone significant high-end renovations and has excellent visibility along Veterans Memorial Parkway. Prospective buyers are encouraged to engage with the municipality to explore the potential for future redevelopment. Note that all sizes provided are approx. and should be verified buyer. All furniture and equipment (including affixed hoists) excluded from sale.

Property Features:

  • Annual Tax Amount: $20,895
  • Floor Space (approx): 5370 Square Feet
  • Lot Frontage: 11499.84 Square Feet
  • Lot Size: 11499.84 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Industrial
  • Road Surface Type: Paved
  • Zoning: Service Commercial CS1

Courtesy of: Coldwell Banker Oceanside Real Estate

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.