20436 FRASER HIGHWAY
Langley City - Langley
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Transac. Type:

For Sale

Sale Type:

Asset

Subject Space:

18351  sqft

MLS® #:

C8059263

Royal LePage - Wolstencroft

Date Listed:  2 weeks ago

Description

This income producing re-development opportunity is located in the heart of Langley City close to future public transit and Skytrain expansions. The lot measures approximately 16,944 SqFt (.389 acres) and site features a two-storey multi-tenant office/retail building with approximately 15,874 square feet of leasable area. Four of the eight units are vacant, providing an outstanding opportunity for an owner-user purchase; or allowing for an investor to secure new tenants at market rates. Please inquire with the listing agents for detailed building information including measurements, leases, and a rent roll.

Highlights
Lease Rate
0
Lease Op.Cost
0.00
Lease Sublease
N/A
Lease Term
N/A
Lease Type
N/A
Lease Space
18351

 sqft

Features
List Price
12600000
Property Type
N/A
Transac. Type
For Sale
Days on Market
1
Zoning
C1
Land Size
16944.00 sqft 0.39 Acres
Interest in Land
Freehold
Subject Space
18351  sqft
Year Built
1961
Complex Name
N/A
Seller Rights
Parking
0
Roof
Tar & Gravel
Strata Fee
0.00
Previous Price
0.00
Depth
0
Original Price
12600000
Width
0
Gross Tax
81048.11 (2023)
Amenities
N/A
Construction
Mixed
Major Business Type
N/A
Building Type
Low Rise (2-4 storeys), Commercial Mix, Office Building
Minor Business Type
N/A
Site Services
N/A
Permitted Use
N/A
Amenities

Legal Description

Location & Neighborhood

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