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INVESTMENT OPPORTUNITY FOR SALE 5 ACRES LAND & BUILDING SUBDIVIDABLE LIGHT INDUSTRIAL ASKING PRICE $8,900.000
Location: 20351 Logan Avenue, Langley Presented by: Harol Heera Ramnarine Sutton Centre Realty 3010 Boundary Road Burnaby. B. C. Tel: 604-435-9477 Cell: 604-725-6864 Fax: 604-435-9412 Email:
[email protected] Information contained herein is obtained from sources we deem reliable. However, we do not guarantee, warrant or assume any responsibility or liability of any kind with respect to the use of the information. It is the responsibility of the recipient to independently verify the information before relying on it.
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Summary of Property Data LOCATION: 20351 Logan Avenue, Langley B.C. SIZE: 5 acres FRONTAGE: 352 ft. DEPTH: 618 ft. ZONEING: I 1 (light industrial) TAXES (2010) TBD LOT LAY OUT: Level, dry, drainage on both sides of the property, graveled rail siding at the back of the lot. BUILDING SIZE: Building size: 12,000 sq. ft. 200'x 52' AGE: Age of building: First part was built in 1968 and addition of 50’x 60’ builds in 1978. SHELL: Concrete block ROOF: Tar and Gravel POWER: 460V-600AMP- 3 phase SEWER: Municipal WATER: Municipal LOADING DOORS: (6) 20x16-2 off, 14x20-2 off, 12x16-2 off Doors are all sliding. OFFICES: Front and back section has offices, washrooms and lunch room as well as wash area and washrooms for workers. STORAGE: 1,660 sq. ft. Plus mezzanines SHOP EQUIPMENT: overhead cranes with 50' span, 2x 8 ton capacity with 16'-6" height under the hook. Asking price is for 100% of shares of holding Co. the property and shop. Business is a separate entity and not included in the price. Present zoning permits sub division into 10,000 sq. ft. lots (Bare land strata subdivision). Take as is or put your own businesses in. The building is presently used as machines shop/fabricating facility. Seller is willing to rent-back one acre with shop . Environmental stage two completed. No issues. _______________________________________________ Information contained herein is obtained from sources we deem reliable. However, we do not guarantee, warrant or assume any responsibility or liability of any kind with respect to the use of the information. It is the responsibility of the recipient to independently verify the information before relying on it
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Feature of the property The subject property is located adjacent to the cascade casino and offers excellent excess and exposure and minutes away to Trans Canada highway and the Langley by-pass near the intersection 200 Street and Highway 10.
20351 LOGAN AVENUE LANGLEY
Information contained herein is obtained from sources we deem reliable. However, we do not guarantee, warrant or assume any responsibility or liability of any kind with respect to the use of the information. It is the responsibility of the recipient to independently verify the information before relying on it
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Site Description The building is situated on a 5 acre lot .The property is rectangular in shape with approximately 352 feet of frontage and a total area of 5 acres. The site is leveled and fully serviced with no environmental issues. Building Description The building is a single story mixed concrete building with 6 loading bays.12000 sq.ft. Of shop, offices and storage.20’ ceiling and can accommodate overhead cranes with 50’ span. 600 Amps 460 Volts 3 Phase Ideal for: Machine Shop, Production Studio, Building Supply and much more. -Current OCP allows for subdivision into 10, 000 sq.ft Strata lots -The City of Langley will entertain any comprehensive development plans for the property that includes a retail concept. Such As: Hotels, Storage, Shopping Mall, Plaza, Car dealership and much more. -Environmental Stage 2 Available -Seller willing to rent back Warehouse plus 1 Acre of land -The building size, Amenities, flat site and inclusions makes this a spectacular offering at $8,900,000
___________________________________________________________ Information contained herein is obtained from sources we deem reliable. However, we do not guarantee, warrant or assume any responsibility or liability of any kind with respect to the use of the information. It is the responsibility of the recipient to independently verify the information before relying on it
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20351 LOGAN AVENUE LANGLEY
Logan Central
Logan Central industrial area is located near the downtown core between Logan Avenue and Fraser Highway. Logan Central serves as a transitional area between commercial uses on Fraser Highway and the larger industrial operations on Logan Avenue and Duncan Way. Other than a large concrete the downtown core between Logan Avenue and Fraser Highway. Logan Central serves as a transitional area between commercial uses on Fraser Highway and the larger industrial operations on Logan Avenue and Duncan Way. Other than a large concrete pre-cast plant, the area is characterized by small multi-tenant buildings. Business tenants include artisans’ workshops and several automotive service shops. The existing buildings were constructed from the 1950’s onwards with the average age being 23 years.
Information contained herein is obtained from sources we deem reliable. However, we do not guarantee, warrant or assume any responsibility or liability of any kind with respect to the use of the information. It is the responsibility of the recipient to independently verify the information before relying on it
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Industrial Land Use Study Recommendation Of the four options, Revised Option 2(“Selected Conversion”) is recommended as it represents the best compromise for achieving the goals implicit in this study, including: • Enhance property tax base • Expand employment opportunities • Improve economic diversity • Accommodate changing needs of industry • Maximize development potential • Preserve industrial land with rail access • Complement adjacent land uses • Minimize environmental damage The principal directions and actions envisioned in Revised Option 2 are described in the map below. Revised Option 2 - Directions & Actions
Notes 1. Logan Central Industrial Area to be considered for future commercial use pending the results of the Master Transportation Study with regard to the 201A Street extension to Langley Bypass. 2. 56 Avenue Industrial Area to be considered for future residential use as part of the 2004 Official Community Plan review.
Information contained herein is obtained from sources we deem reliable. However, we do not guarantee, warrant or assume any responsibility or liability of any kind with respect to the use of the information. It is the responsibility of the recipient to independently verify the information before relying on it
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20351 LOGAN AVENUE LANGLEY
NOTE: Always confirm zoning with the city of Langley Planning Department. Information contained herein is obtained from sources we deem reliable. However, we do not guarantee, warrant or assume any responsibility or liability of any kind with respect to the use of the information. It is the responsibility of the recipient to independently verify the information before relying on it
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PICTURE WEST SIDE OF BUILDING
20351 LOGAN AVENUE LANGLEY
Information contained herein is obtained from sources we deem reliable. However, we do not guarantee, warrant or assume any responsibility or liability of any kind with respect to the use of the information. It is the responsibility of the recipient to independently verify the information before relying on it
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PICTURE SIDE OF BUILDING
20351 LOGAN AVENUE LANGLEY
Information contained herein is obtained from sources we deem reliable. However, we do not guarantee, warrant or assume any responsibility or liability of any kind with respect to the use of the information. It is the responsibility of the recipient to independently verify the information before relying on it
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CASCADE CASINO A NEIGHBOURHOOD LANDMARK LOCATED ACROSS FROM 20351 LOGAN AVENUE
Information contained herein is obtained from sources we deem reliable. However, we do not guarantee, warrant or assume any responsibility or liability of any kind with respect to the use of the information. It is the responsibility of the recipient to independently verify the information before relying on it