- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 980686
- Photos (2)
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Prime redevelopment opportunity. 28,629SF, C3 zoned on one of Langford's highest traffic-count corners; Highway 14 (Sooke Road) & Jacklin Road. Over 40 years of stable income from long term tenants. Situated in the Town Centre designated area per current Official Community Plan (OCP) and new OCP is in the works. Revised parking standards could reduce requirements given bus hubs leave in every direction here. On grade access from Rowils Cres. should result in 2 levels of underground parking to bring grade to Sooke Road with minimal blasting. Property is adjacent to abandoned gazette road currently owned by the City of Langford (not MOT). Uploaded Supplemental documents: Phase II Environmental, Income & Expense Statement, Rent Roll (tenant names redacted), and a survey with conceptual site diagram, by Westbrook Engineering (2017) produced after conversation/meetings with City of Langford. Additional documentation will be provided upon execution of a Confidentiality Agreement.
- Property Type:
- Commercial Sale
- Type:
- Retail
- Commercial Type:
- Building, Land
- Lease Type:
- Sale of Assets
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- La Jacklin, Langford
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0.66 acre(s)
- Taxes:
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- 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
- Total Units:
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- Date Listed:
- Nov 12, 2024
- Original Price:
- 4850000.0
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Photo 1 of 2 -
Photo 2 of 2
Listed by MARCUS & MILLICHAP REIS
Data was last updated December 28, 2024 at 06:05 AM (UTC)
Area Statistics
- Listings on market:
- 51
- Avg list price:
- $1,400,000
- Min list price:
- $150,000
- Max list price:
- $10,900,000
- Avg days on market:
- 134
- Min days on market:
- 7
- Max days on market:
- 471
These statistics are generated based on the current listing's property type
and located in
Langford. Average values are
derived using median calculations.
- LEN CLARKE
- COLDWELL BANKER OCEANSIDE REAL ESTATE
- 1 (250) 5147064
- Contact by Email
Len Clarke
Coldwell Banker Oceanside Real Estate
3194 Douglas St, Victoria, BC V8Z 3K6