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1280 GLENSHIRE LANGFORD
neighbourhood of Other British Columbia Canada V9C 3W7
$1,449,000
1280 GLENSHIRE LANGFORD
Price: $1,449,000
MLS Number: 900881
Square Footage: 4173 Sq Ft
Property Type: Residential
A great opportunity to acquire a mixed-use industrially zoned property. This 2004 built building consists of two ground floor industrial spaces and two-second floor residential units providing the owner with great flexibility and tenant mix. The 7502 sq ft lot provides ample parking for 8-10 vehicles and has frontages on Sooke Rd and Glenshire Dr. The two-ground floor industrial units benefit from 3 overhead roller doors and great ceiling height and have been fully leased for years. Both commercial tenants are on a gross month-to-month lease which provides an opportunity for the next owner to transition these to net leases or take over the units for their own use. The two large residential units both have in-suite laundry and offer the owner additional income streams or the opportunity for a live-work situation. With Victoria’s industrial vacancy rate at an all-time low, this property represents a great opportunity to acquire an M2 zoned property in the ever-developing Westshore.