Langley industrial development land sold for $2.08M

The corner lot is considered to be one of the last vacant development sites in the area

By
for Western Investor
July 26, 2017





langley lot
 
A vacant development site in Langley has sold for $2.08 million, Frontline Real Estate reports.
 
The 1.59-acre industrial parcel is a corner site in Gloucester Industrial Estates. The mature, well-established Gloucester industrial park is the manufacturing location of choice for companies such as Weyerhaeuser Canada, Tim Hortons, Freybe Sausage and Overwaitea Foods. The property is considered to be one of the last vacant development sites in the area and is zoned M-2A for general industrial use. The site was listed for $1.76 million and sold for above asking. 
 
The subject property is Lot B at 268 & 58 Ave., Langley. 
 
 

Breakdown:  

 
Price: $2,080,000
Lot Size: 1.59 acres 
Property Type: Industrial 
Zoning: M-2A 
Date of Sale: 07/14/2017
City: Langley  
Province: B.C. 
Name of Brokerage: Frontline Real Estate Services Ltd. 
 
 

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Todd is vice-president of commercial and industrial sales and leasing in the Fraser Valley.

Frontline Real Estate Services
#160 – 8612 201 Street
Langley, B.C. V2Y 0G9
Office: 604-676-4138

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