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Langley investment property sold for $1.83M

The 10,000-square-foot building has two retail units
douglas crescent
A two-unit retail building in Langley has sold for $1.83 million, Macdonald Commercial tells Western Investor. 
 
The fully-tenanted building is 10,000 square feet, situated on a 12,330-square-foot lot. The property has an assessed value of $1.29 million.
 
The property is located at 0563 Douglas Crescent. 
 
 

Breakdown: 

 
Price: $1,830,000
No. of Units: 2
Price/Unit: $915,000
Lot Size: 12,330 SF 
Property Type: Retail 
Zoning: C-1
2017 B.C. Assessment Value: $1,291,000
Date of Sale: 10/25/2018
City: Langley 
Province: B.C.
Name of Brokerage: Macdonald Commercial 
 
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