3194 Jacklin Road, Langford, BC

Marcus & Millichap REIS Canada Inc. is pleased to present 3194 Jacklin Road, Langford, B.C. (the "Subject Property"), an exceptional investment opportunity well positioned for developers and owner-occupiers. Stable Income & Flexible Zoning: Currently tenanted by three established tenants with strong tenure, providing reliable holding income. The in-place C3 zoning permits a wide range of uses, including hotels, daycares, drive-thrus, and more providing flexibility for owner-occupiers and development. Significant Development Potential: Situated on a prominent 28,629 SF corner lot zoned C3 - District Commercial, with potential for rezoning to C9 (Community Town Centre Pedestrian 9), enabling high-density commercial and mixed-use residential developments in Langford’s thriving downtown core. Strategic Corner Location: Positioned at the high-traffic intersection of Jacklin Road and Highway 14, the Subject Property benefits from excellent visibility with over 30,000 vehicles passing daily. Increase Scale & Proven Development Demand: The Subject Property is adjacent to city-owned lands, offering potential for assembly to maximize development opportunities and achieve higher density. The area is poised for significant growth, with approximately 10 projects in the pre-construction or approval phase and 2 nearing completion, including Ovis One (80 units, 10 storeys, and 3 commercial retail units) and Munroe (118 units, 6 storeys). Growth Market: One of Canada’s fastest-growing cities, Langford has seen a 31.8% population surge since 2016, fueled by its proximity to Victoria, affordable housing, and high demand for residential and commercial properties. With a projected 15.6% growth by 2027, Langford is transforming into a key urban hub.