7-Suite
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.
Address | 5844 GLOVER ROAD, Langley |
List Price | $4,890,000 |
Type of Dwelling | COMM |
Area | Langley |
Sub-Area | Langley City |
Bedrooms | 7 |
Lot Size | 20691 Sq. Ft. |
Year Built | 1983 |
MLS® Number | C8017102 |
Listing Brokerage | CBRE Limited |
Postal Code | V3A 4H9 |
Zoning | C1 |
Tax Amount | $21,915.60 |
Tax Year | 2017 |