$3,000,000
For more information regarding the value of a property, please contact us for a free consultation.
7,840 Sqft Lot
SOLD DATE : 10/31/2024
Key Details
Sold Price $3,000,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 968051
Sold Date 10/31/24
Rental Info Unrestricted
Annual Tax Amount $24,073
Tax Year 2023
Lot Size 7,840 Sqft
Acres 0.18
Property Description
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, 719, 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. All sizes provided are approx. and should be verified by the buyer. All furniture and equipment (including affixed hoists) excluded from sale.
Location
Province BC
County Capital Regional District
Area La Langford Proper
Zoning Service Commercial CS1
Exterior
Parking On Site 1
Others
Tax ID 002-521-601
Ownership Freehold
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with William Wright Commercial Real Estate Service - Victoria Branch