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2930 Trans Canada Hwy 5,700 SF Retail Building Langford, BC V9B 6H6 $2,400,000 CAD ($421.05 CAD/SF)
Investment Highlights
- Plenty of storage with a fully finished basement.
- There is a safe and convenient access to the site from both directions, with a dedicated Southbound turning lane on to Beck Road.
- Additional 864 SF freestanding outbuilding currently functioning as an ice-cream shop.
Executive Summary
The property of interest is located on 0.92 acres on the east side of the Trans Canada Highway. This 5,700 square foot building has two equal floors, and is newly constructed as of 2016. The main floor features a state-of-the-art commercial kitchen, restaurant dining room with seating, and large bar area with its own seating. It features high ceilings, tasteful modern décor, and a welcoming veranda with large enclosed patio. This is a true plug and play opportunity for a restaurant tenant or owner-occupier.
In addition to the main floor, there is a sizeable basement currently being used for office and storage which can be easily converted to a residential suite with no permitting or zoning changes required.
With nearly an acre of land, this property has future development value and plenty of potential upside.
In addition to the main floor, there is a sizeable basement currently being used for office and storage which can be easily converted to a residential suite with no permitting or zoning changes required.
With nearly an acre of land, this property has future development value and plenty of potential upside.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,700 SF
Building Class
C
Year Built
2015
Price
$2,400,000 CAD
Price Per SF
$421.05 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.92 AC
Zoning
OCP - Commercial
Parking
10 Spaces (1.75 Spaces per 1,000 SF Leased)
Frontage
1,103’ on Trans-Canada Highway
Amenities
- Dedicated Turn Lane
- Signage
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2930 Trans Canada Hwy
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