719 Station Ave
La Langford Proper Langford V9B 4M1

$2,040,000
Commercial Sale

Main Photo: 719 Station Ave in Langford: La Langford Proper Industrial for sale : MLS®# 968052
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
968052
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, 715, 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. Note that all sizes provided are approx. and should be verified 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
Listing General Location:
La Langford Proper, Langford
Bathrooms:
- (Full:-/Half:-)
Lot Size:
11,499.92 sq. ft.
Taxes:
$20,895.12 / 2023
Total Building Area:
5,376 sq. ft.
Commercial Area:
Western Communities
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
1546700.0
Assessment year:
2024
Jurisdiction name:
City of Langford
Legal Description:
LOT B SECTION 72 ESQUIMALT DISTRICT PLAN VIP77448
Zoning:
Service Commercial CS1
Occupancy:
Owner
Parking Features:
On Site
Road Surface Type:
Paved
Total Units:
1
Date Listed:
Jun 26, 2024
Original Price:
2040000.0
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    Main Floor
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    Upper Floor
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    Site Plan
Data was last updated July 24, 2024 at 06:05 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$3,100,000
Min list price:
$200,000
Max list price:
$7,990,000
Avg days on market:
28
Min days on market:
2
Max days on market:
314
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.
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.