Property Description for 5768 203 STREET
Within yards of the planned new rapid transit station and large lot is designated 'Transit Oriented Core'! Fantastic upside on this property while collecting good revenue before redeveloping. Solid well built building on piles with steel beams. Lots of paved and secured parking off rear lane access. Excellent opportunity for a business owner to operate out of until ready to redevelop. 2 residential suites, each 3 beds above with large decks. Current commercial tenant moving out so will be vacant and ready for an owner/occupier or will easily rent out at $21.00/SF triple net. Estimated net income approximately $142,000 per year. See additional details on future designation in associated docs.
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Property Details
Property Tax
: N/ALast Updated
: Wed, October 4, 2023MLS® #
: C8053516Date Listed
: Jul 31, 2023
Property Features
Property Type
: CommercialSquare Footage
: 9,221 SQFTSubdivision
: Langley City
Exterior Features
Acreage
: 0
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Tyler Schacter
RE/MAX Treeland Realty
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