Multi Family

5844 GLOVER Road
Langley City Langley V3A 4H9

$4,899,000
Multi-Family Commercial, Retail

Main Photo: 5844 GLOVER Road in Langley: Langley City Multi-Family Commercial for sale : MLS® # C8017102
Prop. Type:
Multi-Family Commercial, Retail
MLS® Num:
C8017102
Status:
Active
Build. Type:
Mixed Use
OWNER-USER or INVESTOR OPPORTUNITY!! High profile corner property surrounded by numerous businesses including the Luxury Auto Mall. Walking distance to Kwantlen University, next to Magnolia Gardens, surrounded by 'The Meadows' (40 acre residential development). This prime location is walking distance to the proposed LRT station. The Glover Road location provides easy access to Willowbrook area, Downtown Langley and is close to Murrayville. Prime location for an owner to occupy the last remaining retail space, and ideal location for investors with excellent opportunities in the OCP. Newly renovated residential units are fully rented on one year leases to new tenants. Large 20,681 sf site, 12,800 sf building is zoned C1-Downtown Commercial with future OCP redevelopment to Mid-density 4 story with 1.60 FSR. Great holding property for investor, or owner-user with own business. Projected NOI $194,236 includes a management fee. Information available upon request.
Sale Type:
Asset
Lease Type:
Gross
Total space avail for lease:
1,700 sq. ft.
Property Type:
Multi-Family Commercial, Retail
Construction:
Concrete, Wood Frame
Building Type:
Mixed Use
# Units:
10
Year built:
1983 (Age: 35)
Total Floor Area:
12,800 sq. ft.
Retail Size:
6,400 sq. ft.
Land Use/Zoning:
C1
Taxes:
$21,915.6 / 2017
Balconies, Storefront, Visitor Parking
HVAC:
Baseboard, Central A/C
Env Assmt Phase:
None
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Gross Income:
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Tot Gross Sales:
Condo Fee:
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  • Photo 1: 5844 GLOVER Road in Langley: Langley City Multi-Family Commercial for sale : MLS® # C8017102
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Listing information last updated on 6-Feb-2018 11:05 PM