3194-3198 Jacklin Rd new

Langford,BC V9B 5J9

$ 4850000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 980686

Rental Info Unrestricted

Annual Tax Amount $30,757

Tax Year 2024

Lot Size 0.660 Acres

Acres 0.66

Property Description

Prime redevelopment opportunity. 28,629SF, C3 zoned on one of Langford's highest traffic-count corners; Highway 14 (Sooke Road) & Jacklin Road. Over 40 years of stable income from long term tenants. Situated in the Town Centre designated area per current Official Community Plan (OCP) and new OCP is in the works. Revised parking standards could reduce requirements given bus hubs leave in every direction here. On grade access from Rowils Cres. should result in 2 levels of underground parking to bring grade to Sooke Road with minimal blasting. Property is adjacent to abandoned gazette road currently owned by the City of Langford (not MOT). Uploaded Supplemental documents: Phase II Environmental, Income & Expense Statement, Rent Roll (tenant names redacted), and a survey with conceptual site diagram, by Westbrook Engineering (2017) produced after conversation/meetings with City of Langford. Additional documentation will be provided upon execution of a Confidentiality Agreement.

Location

Province BC

County Capital Regional District

Area La Jacklin

Exterior

Parking On Site 1

Others

Tax ID 000-494-682

Ownership Freehold

Acceptable Financing Clear Title

Listing Terms Clear Title

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