5844 GLOVER ROAD, Langley

COMM For Sale in Langley City, Langley


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

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