2930 Trans Canada Hwy - Restaurant FOR SALE


Langford, BC V9B 6H6
$2,400,000 CAD
250-410-3003
2930 Trans Canada Hwy, Langford, BC for Sale
$2,400,000 CAD
Restaurant - FOR SALE
1/5
null | Request Cap Rate

2930 Trans Canada Hwy
Langford, BC V9B 6H6


HIGHLIGHTS

  • Plenty of storage with a fully finished basement.
  • Additional 864 SF freestanding outbuilding currently functioning as an ice-cream shop.
  • There is a safe and convenient access to the site from both directions, with a dedicated Southbound turning lane on to Beck Road.

OVERVIEW

The property of interest is located on 0.92 acres on the east side of the Trans Canada Highway. This 5,700 square foot building has two equal floors, and is newly constructed as of 2016. The main floor features a state-of-the-art commercial kitchen, restaurant dining room with seating, and large bar area with its own seating. It features high ceilings, tasteful modern décor, and a welcoming veranda with large enclosed patio. This is a true plug and play opportunity for a restaurant tenant or owner-occupier. In addition to the main floor, there is a sizeable basement currently being used for office and storage which can be easily converted to a residential suite with no permitting or zoning changes required. With nearly an acre of land, this property has future development value and plenty of potential upside.

FOR SALE DETAILS

PRICE

$2,400,000 CAD

PRICE/SF

$421 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,149 SF

ZONING

OCP

APN/PARCEL ID

029-724-031

ASK ABOUT THIS PROPERTY

Colleen AustinCushman & WakefieldMore Info
250-410-3003

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Colleen AustinCushman & WakefieldMore Info
250-410-3003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.