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Key Details
Sold Price $928,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 981188
Sold Date 04/02/25
Year Built 2008
Annual Tax Amount $9,539
Tax Year 2023
Property Sub-Type Mixed Use
Property Description
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!
Location
Province BC
County Capital Regional District
Area La Mill Hill
Zoning C8
Exterior
Parking On Site 1
Building
Story 8
Others
Tax ID 027-642-305
Ownership Freehold/Strata
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Bought with Unrepresented Buyer Pseudo-Office