$5,540,000
$4,900,000
13.1%For more information regarding the value of a property, please contact us for a free consultation.
9,221 SqFt
SOLD DATE : 12/07/2023
Key Details
Sold Price $5,540,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 9,221 sqft
Price per Sqft $600
Subdivision Langley City
MLS Listing ID C8053516
Sold Date 12/07/23
Year Built 1988
Annual Tax Amount $32,000
Tax Year 2023
Property Description
Within yards of the planned new rapid transit station and large lot is designated ''Transit Oriented Core''! Fantastic upside on this property while collecting good revenue before redeveloping. Solid well built building on piles with steel beams. Lots of paved and secured parking off rear lane access. Excellent opportunity for a business owner to operate out of until ready to redevelop. 2 residential suites, each 3 beds above with large decks. Current commercial tenant moving out so will be vacant and ready for an owner/occupier or will easily rent out at $21.00/SF triple net. Estimated net income approximately $142,000 per year. See additional details on future designation in associated docs.
Location
Province BC
Community Langley City
Area Langley
Zoning British Columbia Default Zone
Region Fraser Valley
City Region Fraser Valley
Building
Story 2
Water Municipal
Structure Type Other
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