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    3187 262B Street

    Langley, BC V4W 2Z7
    • $6,849,000
    • STATUS: Active
    • ID#: R2553913
    UPDATED: 68 min ago
    $6,849,000
    • 4
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 1
      1/2 BATHS
    • 2,028
      SQFT
    • $3,377
      $/SQFT
    Neighbourhood:
    Type:
    Single-Family Home
    Built:
    1974
    Area:

    Description

    Location, location, location....Attention all investors and developments, right on Fraser Hwy and 262B St, next to Aldergrove Village Shopping Centre. Amazing opportunity to purchase rare commercial/residential mixed free hold property right on the corner of a busy street. This cash producing property with great cap rate won't last long. Rental income from the house on the property is minimum $2000/month, business income on the property pays $5500/month 6 years term with increase of rent to $6000/month after 3 years. Buy and let the property pay for it's self or redevelop, taking advantage of the M-2 zoning. Contact now for your private showing, don't wait. Possible combine sale with lot next door R2559480.

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    Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. Last updated: 2021-05-06T15:53:58.053
    www.bendovidio.com/homes/115304247
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    3187 262B Street Langley, BC V4W 2Z7

    • Price: $6,849,000
    • Status: Active
    • Updated: 68 min ago
    • ID#: R2553913
    4
    Beds
    2
    Baths
    1
    ½ Baths
    N/A
    Acres
    2,028
    SQFT
    $3,377
    $/SQFT
    1974
    Built
    Neighbourhood:
    Aldergrove Langley
    Area:
    Langley
    Property Description
    Location, location, location....Attention all investors and developments, right on Fraser Hwy and 262B St, next to Aldergrove Village Shopping Centre. Amazing opportunity to purchase rare commercial/residential mixed free hold property right on the corner of a busy street. This cash producing property with great cap rate won't last long. Rental income from the house on the property is minimum $2000/month, business income on the property pays $5500/month 6 years term with increase of rent to $6000/month after 3 years. Buy and let the property pay for it's self or redevelop, taking advantage of the M-2 zoning. Contact now for your private showing, don't wait. Possible combine sale with lot next door R2559480.
    Exterior Features

    Frontage 1.00 Frontage Metric 0.30 Lot Sz Hectares 0.00 Lot Sz Sq Mtrs 0.09 Site Influences Central Location

    Interior Features

    Basement Area FullSeparate Entry Fireplaces 0 Floor Area Fin Main Floor 1863 Total Baths 3

    Property Features

    For Tax Year 2020 Gross Taxes 7001.08 Short Region Code Fraser Valley Real Estate Board Style Of Home 2 Storey W/Bsmt.Basement Entry Title To Land Freehold Nonstrata Type Of Dwelling House/Single Family

    Listing provided courtesy of Ra Realty Alliance Inc.. © 2021 by the Real Estate Board of Greater Vancouver, Fraser Valley Real Estate Board, Chilliwack and District Real Estate Board, BC Northern Real Estate Board, and Kootenay Real Estate Board. All Rights Reserved.
    Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. Last updated: 2021-05-06T15:53:58.053
     
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    3010 Boundary Rd
    Burnaby BC, V5M 4A1