Active
711,715 Station Ave
Langford BC, V9B 4M1
$7,990,000
$752.92 per sqft
Active
10,612 sqft
Commercial
Incredible opportunity in the heart of Langford! This 39,917 sqft assembly is poised for redevelopment up to 6:1 density with no height restrictions within the Langford City Center Zone in the OCP. The total buildable potential is up to 239,502 sq ft. and could yield in the neighbourhood of 300+ units. This is a flat turnkey property with incredible holding potential with fantastic income to offset redevelopment hold costs of annual estimated gross rent of $280,250. The location has great visibility from Veterans Memorial and walkable to all the amenities of the Langford commerce area. Tucked just off the main thoroughfare this site would command extensive views in all directions. This site consists of two separate titles and can be bought individually or in conjunction. Rarely does this level of investment opportunity come up in one of Canada's fastest growing cities. Sizes approx. and to be verified by Buyer. All furniture and equipment (including affixed hoists) excluded from sale.
970340
MLSⓇ ID
July 15, 2024
Listed
August 23, 2024
Updated
Map
711,715 Station Ave
Langford BC, V9B 4M1
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.92 Acres
Other Property Details
Area Name
Langford
Garage
No
Parking
On Site
View
No
County
Capital Regional District
Pool
No
Zoning
CS1 (Service Commercial)
Courtesy of Coldwell Banker Oceanside Real Estate, John Morris
Listing Contact: 250-710-0765
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. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sarah Binab shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
©2024 Vancouver Island Real Estate Board and Victoria Real Estate Board. All rights reserved.
