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5500 206 St 4,665 SF Vacant Office Building Langley, BC V3A 8R3 $2,975,000 CAD ($637.73 CAD/SF)
Investment Highlights
- Configured for medical and professional use.
- Attached carport and approximately ten surface parking stalls.
- Close to the future Langley City Centre SkyTrain Station and transit exchange.
Executive Summary
An exceptional opportunity to acquire a freestanding, two-storey medical-office and residential property in the heart of Langley City. Situated on the northeast corner of 206 Street and Douglas Crescent, the property benefits from excellent visibility, convenient access and a central location directly adjacent to the amenities of Douglas Park. The property includes established medical-office improvements, upper-floor professional and residential accommodation, an attached carport and ten surface parking stalls. The current medical owner is prepared to enter into a leaseback arrangement on terms to be negotiated, providing immediate rental income while allowing the property to be held as a strategic long-term investment for future redevelopment. Seller willing to lease back, terms negotiable.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,665 SF
Building Class
C
Year Built
1982
Price
$2,975,000 CAD
Price Per SF
$637.73 CAD
Percent Leased
Vacant
Building Height
2 Stories
Typical Floor Size
3,162 SF
Building FAR
0.49
Lot Size
0.22 AC
Zoning
C1 - Commercial
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Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
70/100
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5500 206 St
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