3187 262B STREET, LANGLEY

3187 262b Street, Langley
$6,849,000

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.
PRICE:$6,849,000
BEDROOMS:4
BATHROOMS:3
PARKING:0
YEAR BUILT:1974
FLOOR AREA:2,028 sqft
PRICE/SQ FT:$3,377
MAINT. FEES:$0
TAXES (2020):$7,001
MLS:R2553913
NEIGHBOURHOOD:Aldergrove Langley
NICHE:House/Single Family

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LISTED BY: RA Realty Alliance Inc. on March 16th 2021
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