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137 2745 Veterans Memorial Pkwy
La Mill Hill Langford V9B 0H4

$999,000
Commercial Sale built: 2008

Main Photo: 137 2745 Veterans Memorial Pkwy in Langford: La Mill Hill Mixed Use for sale : MLS®# 981188
Photo 1: 137 2745 Veterans Memorial Pkwy in Langford: La Mill Hill Mixed Use for sale : MLS®# 981188
Photo 2: 137 2745 Veterans Memorial Pkwy in Langford: La Mill Hill Mixed Use for sale : MLS®# 981188
Photo 3: 137 2745 Veterans Memorial Pkwy in Langford: La Mill Hill Mixed Use for sale : MLS®# 981188
Photo 4: 137 2745 Veterans Memorial Pkwy in Langford: La Mill Hill Mixed Use for sale : MLS®# 981188
Photo 5: 137 2745 Veterans Memorial Pkwy in Langford: La Mill Hill Mixed Use for sale : MLS®# 981188
Photo 6: 137 2745 Veterans Memorial Pkwy in Langford: La Mill Hill Mixed Use for sale : MLS®# 981188
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
981188
Year Built:
2008
Investment Opportunity with Rent Escalation! Income-Producing Commercial Space for sale in the Reflections Building on Veterans Memorial Pkwy! This prime commercial space in Langford's vibrant Mill Hill District offers a stable investment opportunity with a 5-year lease in place. Benefit from consistent rental income and long-term growth potential. This ground-floor unit provides 1573 sqft of commercial strata area plus a mezzanine area of 600 sf. Key Features: Proven Tenant; Stable Income; Prime Location; Modern Design & Low-Maintenance Investment! It's a big "NO-NO" to approach the restaurant staff and owner regarding the sale of the business. They are thriving and staying!
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building
Year built:
2008 (Age: 16)
Lease Type:
See Remarks
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
La Mill Hill, Langford
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0 sq. ft.
Taxes:
Building Name:
Reflections
Number of Storeys:
8
Ceiling Heights:
Total Building Area:
1,573 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Langford
Legal Description:
Zoning:
C8
Units in Building:
Units in Community:
Parking Features:
On Site
Total Parking Spaces:
0
Total Units:
Date Listed:
Nov 28, 2024
Original Price:
999000.0
  • Photo 1: 137 2745 Veterans Memorial Pkwy in Langford: La Mill Hill Mixed Use for sale : MLS®# 981188
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  • Photo 6: 137 2745 Veterans Memorial Pkwy in Langford: La Mill Hill Mixed Use for sale : MLS®# 981188
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Listed by Pemberton Holmes Ltd.
Data was last updated December 11, 2024 at 12:05 PM (UTC)
Area Statistics
Listings on market:
51
Avg list price:
$1,400,000
Min list price:
$150,000
Max list price:
$10,900,000
Avg days on market:
117
Min days on market:
13
Max days on market:
454
These statistics are generated based on the current listing's property type and located in Langford. Average values are derived using median calculations.
Jerome Peacock
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.