DEAL | A 7,593-square-foot retail unit overlooking Highway 1 in Langley’s Carvolth Business Park sold July 31 for $5.4 million. The sale price averaged $711 per square foot. The unit, 103-8860 201 St., Langley, enjoys good visibility from Highway 1 within a well-established retail complex home to tenants including Flaman Fitness and Dead Frog Brewery. CD-48 zoning allows a wide array of commercial uses, with the unit currently built out for retail uses, showroom, outlets and automotive services. The space includes 5,291 square feet on the ground floor and 1,672 square feet on the mezzanine. George Richmond and Rebecca Macleod of the Commercial Properties Group represented the vendor while Updesh Grewal of Royal LePage Wolstencroft Realty represented the buyer.
PRICE | $5,400,000
FROM | George Richmond and Rebecca Macleod, Commercial Properties Group
