Main Photo: 2892 Trans Canada Highway: Langford Land Commercial for sale (Victoria)
Photo 1: 2892 Trans Canada Highway: Langford Land Commercial for sale (Victoria)
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
EXCLUSIVE
Bus Major:
Retail
2.74 ACRES – ZONED COMMERCIAL. This remarkable property, with its setting and location within the Capital Regional District, represents a solid investment opportunity. The onsite retail business, dba Ice Cream Mountain, requires minimal management and generates an attractive holding income while plans are formalized for redevelopment. The ownership structure is conducive to consider either a Share or Asset Purchase / Sale transaction. The total parcel size is +/- to 119,361 sq. ft of level land boasting second growth timber and a seasonal creek running along the north property line. The highway frontage is over 300 feet. The current zoning for the property has +/- 34,848sq. ft. zoned C-3 allowing for a multitude of permitted uses including Hotels, Shopping Centres, Office, Wholesale / Retail and more. The remaining portion is zoned P-3, accessory buildings, structures, works yard, etc. An upside for this investment opportunity is the potential to rezone the entire parcel to accommodate an innovative redevelopment proposal in line with the City’s vision for the area.
Price:
$5,950,000
Business (Major):
Retail
Property Type:
Commercial
MLS® Num:
Exclusive
Status:
Active
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2892 Trans Canada Highway_Aerial Video_Dec 2021.mp4

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2892 TCH Aerial Video_web.mp4

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Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated November 29, 2022 at 04:40 AM (UTC)
Hans Van de Kamp
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), 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 REBGV, 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 REBGV, the FVREB or the CADREB.