For Sale

About 5844 Glover Road

OWNER-USER or INVESTOR OPPORTUNITY! High profile corner property surrounded by numerous  businesses including the Luxury Auto Mall. Walking distance to Kwantlan University, next  to Magnolia Gardens and  surrounded by 'The Meadows' a 40 acre residential development, this prime location is walking distance to the proposed LRT station. The Glover Road location provides easy access to Willowbrook and Downtown Langley, and is close to Murrayville. Prime location for an owner to occupy the last remainming retail space, and ideal location for investors with excellent repositioning opportunties to the OCP. Newly renovated residential units are fully rented on one year leases to all new tenants. Large 20,681 sf site, 12,800 sf building is zoned C1-Dowtown Commercial with future OCP redevelopment to Mid-Density 4 story with 1.60 FSR. Great holding property for investor, or owner-user with own business. $194,236 is projected NOI and includes a management fee. Information available upon request.
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Maureen Mounzer

CBRE

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2 suites available

12,800 SF
Undisclosed
1,700 SF
Undisclosed
  • Bike friendly
  • Dedicated parking
  • Transit friendly
  • Property Type Multifamily
  • Zoning C-1
  • Status Existing
  • Sale Price $4,899,000
  • Net Operating Income $194,236
  • Total Available Space 12,800 SF
  • Direct Available Space 1,700 SF
  • Sublet Available Space 0 SF
  • Min Divisible 1,700 SF
  • Max Contiguous 12,800 SF
  • Building Size 12,800 SF
  • Number Of Floors 2
  • Year Built 1975
  • Flyer Download
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