La JacklinLangford
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942 Preston Way in Langford: La Jacklin Multi Family for sale : MLS®# 891747
942 Preston Way Langford V9B 3B9 
$2,350,000Commercial Sale- Status:
- Active
- MLS® Num:
- 891747
Original schoolhouse converted 50+ years ago to residential rental building, located in City Centre in Langford's OCP. Currently grosses over $100k/year & consists of 10 units, including six studio/bachelor suites, two 1 bdrm suites, one 2 bdrm suite & one 3 bdrm suite. 2020 gross rent was just over $104k with most suites well under market potential rents. 2020 expenses were just under $33k for a net rental income of $67,613. However, the real value is in the land development potential (see supplements) and applying to municipality for City Centre Zoning outlined in OCP, with the possibility of developing at least 50 units. Building is in good condition, has been well maintained and kept in line with municipal codes, which makes it an excellent holding property while awaiting rezoning approval. The income will help to offset building demolition, or provide a steady income for many years if preferred. Property management contract in place. No laundry facilities. Many long term tenants. More detailsListed by Team 3000 Realty Ltd- Blaine Thurlow
- eXp Realty
- 1 (250) 210-1617
- Contact by Email
- Michelle Thurlow
- eXp Realty
- 1 (250) 210-0999
- Contact by Email
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3194 Jacklin Rd in Langford: La Jacklin Business for sale : MLS®# 890233
3194 Jacklin Rd Langford V9B 5L9 $150,000Commercial Sale- Status:
- Active
- MLS® Num:
- 890233
This restaurant is ideally located at a very high volume traffic corner in Langford. Feel the unique, modern, and also traditional atmosphere. Nice and clean restaurant with a commercial kitchen. Perfect size for a Take Out place. Liquor license in place, excellent rent, and much more. You'll love this place and will be proud to own it!! More detailsListed by Pemberton Holmes - Cloverdale- Blaine Thurlow
- eXp Realty
- 1 (250) 210-1617
- Contact by Email
- Michelle Thurlow
- eXp Realty
- 1 (250) 210-0999
- Contact by Email
Data was last updated January 17, 2022 at 08:05 PM (UTC)
