Property listed at 5744 GLOVER RD in LANGLEY.
Wow! Wonderful income investment property exposure to Glover Rd., close to 56 Ave and Fraser Hwy. The property is located in the heart of downtown Langley, opposite to Casino, surrounded by high density residential apartments, near transportation and all amenities. The building is one level property, separated into five units with approx. 10,000 SF total area. 6,000 SF unit leased to a Restaurant, lease term is 3 years with one 3 year renew option, started from March 2010. Monthly gross rent is $6,150. Two 1,000 SF units leased month to month to the Alcoholics Center, which has already been there 4 years, monthly gross rent is $2,350. Another two 1,000 SF units are currently vacant. 55 parking places available, C1 Zoning provide for a wide range of commercial, office, recreation, entertainment and residential uses and facilities serving the core commercial area. Stable income with increased potential. Excellent holding property for future redevelopment. Call today for details!
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.