$ 4,850,000
3194-3198 Jacklin Rd Langford, BC V9B 5J9
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 4,850,000
Est. payment /mo
New
3194-3198 Jacklin Rd Langford, BC V9B 5J9
0.66 Acres Lot
UPDATED:
11/13/2024 11:19 PM
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
Listed by MARCUS & MILLICHAP REIS