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Office Building For Sale at B315 20020 84 AVENUE in Langley, British Columbia

4 Sale ID #128338
Updated 03 May 2024

Asking Price

$1,198,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

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Lot Size

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Building Size

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Premise Summary

Discover the LATIMER BUSINESS HUB - a class AAA professional & productive workspace located in one of the most sought-after commercial communities in the Fraser Valley. Strategically positioned at the crossroads of 200th St & 84 Ave in Langley near Hwy 1, this modern & thriving epicenter offers quick access to Vancouver & a broad range of business markets. We are excited to offer a 1044 sqft warm-shell office space with HVAC, zoned CD-126, making Unit B315 perfect for a wide range of commercial uses including professional offices, medical services & retail services. Featuring a bright & spacious floor plan with panoramic mountain views from large windows, 12-foot high ceilings, ample underground & surface parking, high-speed internet & access to rooftop amenity space. This is the perfect space to cultivate a productive atmosphere for your business. Don't wait, secure your spot in one of the most desirable commercial locations in BC. Contact today & start building your business in this amazing space! (id:39198)

  • MLS® : #C8050468
  • Date Listed : 23 Mar 2023

Location

Province

British Columbia

City

Langley

Address

B315 20020 84 Avenue

Postal Code

V2Y5K9

Location Highlights

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Listed by

Lighthouse Realty Ltd. British Columbia listing

Category

office-buildings

Property Information

Premise Status

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With Accommodation

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Tenancy

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Lot Size

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Available Space

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Building Size

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Year Built

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Years Remaining in Current Lease Term

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Renewal Options

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Operational Information

Number of Working Owners

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Current Owner - years

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FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$1,198,000

Asking Price

$1,198,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

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Gross Revenue- annual

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Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

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EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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