I have listed a new property 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, surround by high density residential apartment, 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 years 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 since 4 years, monthly gross rent is $2,350. Another two 1,000 SF units are currently vacant. 55 parking place 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!