$3,500,000
$3,610,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
721 Station Ave #110 Langford, BC V9B 2S1
0.42 Acres Lot
Key Details
Sold Price $3,500,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 968049
Sold Date 08/29/24
Rental Info Unrestricted
Annual Tax Amount $25,095
Tax Year 2023
Lot Size 0.420 Acres
Acres 0.42
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 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 approximate and should be verified by the buyer for accuracy and importance. All furniture and equipment (including affixed hoists) excluded from sale.
Location
State BC
County Capital Regional District
Area La Langford Proper
Zoning Service Commercial CS1
Exterior
Parking On Site 1
Others
Tax ID 030-527-848
Ownership Freehold
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Bought with Royal LePage Coast Capital - Chatterton