711,715 Station Ave For Sale

langford, British Columbia V9B4M1
$ 7,990,000
  • ©MLS 970340

Description

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. (id:48970) Show More

Details

  • Property Type: Industrial
  • Access Type: Road access
  • Neighbourhood: Langford Proper

Location

Similar Properties



This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association
Data provided by: Victoria Real Estate Board

©️ Hybrid Real Estate Plugin For CREA DDF

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. 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. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)