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711,715 Station Ave
La Langford Proper
Langford
V9B 4M1
$7,990,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 970340
- Photos (24)
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Incredible opportunity in the heart of Langford! This 39,917 sqft assembly is poised for redevelopment up to 6:1 density with no height restrictions within the Langford City Center Zone in the OCP. The total buildable potential is up to 239,502 sq ft. and could yield in the neighbourhood of 300+ units. This is a flat turnkey property with incredible holding potential with fantastic income to offset redevelopment hold costs of annual estimated gross rent of $280,250. The location has great visibility from Veterans Memorial and walkable to all the amenities of the Langford commerce area. Tucked just off the main thoroughfare this site would command extensive views in all directions. This site consists of two separate titles and can be bought individually or in conjunction. Rarely does this level of investment opportunity come up in one of Canada's fastest growing cities. Sizes approx. and to be verified by Buyer. All furniture and equipment (including affixed hoists) excluded from sale.
- Property Type:
- Commercial Sale
- Type:
- Industrial
- Commercial Type:
- Building, Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- La Langford Proper, Langford
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0.916 acre(s)0.371 hectare(s)
- Taxes:
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- Ceiling Heights:
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- Total Building Area:
- 10,612 sq. ft.985.887 m2
- Commercial Area:
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- Fireplace:
- No
- Pending Date:
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- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Parking Features:
- On Site
- Road Surface Type:
- Paved
- Total Units:
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- Date Listed:
- Jul 15, 2024
- Original Price:
- 7990000.0
Larger map options:
Listed by Coldwell Banker Oceanside Real Estate
Data was last updated September 25, 2024 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 10
- Avg list price:
- $3,250,000
- Min list price:
- $950,000
- Max list price:
- $7,990,000
- Avg days on market:
- 82
- Min days on market:
- 6
- Max days on market:
- 377
These statistics are generated based on the current listing's property type
and located in
La Langford Proper. Average values are
derived using median calculations.
- CORIE MEYER
- Coldwell Banker Oceanside
- 1 (250) 3848124
- Contact by Email
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.
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