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Langley City office unit sells for $1.12 million

Three-unit office and retail building sold at $30,000 below asking
logan ave
NAI Commercial recently closed a sale on an three-unit office building in Langley City.
Price: $1,120,000
No. Units: 3
Price/Unit: $373,333/unit
Lot Size: 8,858 SFL
Property Type: Office / Retail
Zoning: C-1
2015 B.C. Assessment Value: $937,000
City: Langley 
Province: B.C.
Name of Brokerage: NAI Commercial 

A three-unit office building in Langley City sold for $1,120,000 last month, NAI Commercial reports.

The freestanding, three-unit building currently houses Monte Carlo Pizza, Isaak Osman & Associates’ office, and an e-cigarette shop. NAI agents Angie and Don MacDonald sold the property for $30,000 below the asking price of $1,150,000. The building is 4,000 square feet, situated on 8,858-square-foot lot, and has a net operating income of $53,399.88.

The retail building is located at 20609 Logan Ave.


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