$27,000,000

Commercial For Sale In Langford, British Columbia

$27,000,000

Property Information:

FULLY LEASED CLASS AAA OFFICE BUILDING - COURT ORDERED SALEProminently located in downtown Langford, Terminus is a 5 storey office building with retail at grade, comprised of 59,009sf of rentable area. Built to LEED Gold standards in 2021, the building is fully leased and combines modern West Coast architecture with innovative mass timber building technology. The City of Langford is rapidly growing with a population of approximately 50,000, making it a key urban center in Greater Victoria. The Terminus has served to attract top-tier tenants that include a diverse mix of government, retail, and professional service tenants, providing a stable income stream. The building offers prestige and best in-class amenities including but not limited to: ample parking and EV charging on-site, outdoor patio, secure bike storage, showers, geothermal heating and cooling, dedicated signage, raised floor system, etc. Terminus is an exceptional property in one of Canada's most resilient markets.

Property Features:

  • Annual Tax Amount: $377,669
  • Built in: 2021
  • Floor Space (approx): 59009 Square Feet
  • Lot Frontage: 24563 Square Feet
  • Lot Size: 0.56 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Office
  • Road Surface Type: Paved
  • Zoning: MU2
  • No. of Parking Spaces: 153

Courtesy of: AY Victoria Realty Ltd.

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.