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27292 29A Avenue
Aldergrove Langley Langley V4W 3J7

$1,978,000
Land Commercial

Main Photo: 27292 29A Avenue, Langley - Aldergrove Langley
Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8061402
Build. Type:
See Realtor Remarks
Discover a prime real estate opportunity at 29 & 29A Ave and 272nd Street in Aldergrove, Langley. Spanning 1.937 acres and nestled beside the picturesque Rotary Park, this site offers tranquil surroundings on a serene inside street, just moments away from Aldergrove's bustling core. Steps from 272nd Street and Fraser Highway, this prime location is near emerging developments and poised to become a cornerstone of the Aldergrove Core Area Land Use Plan.Capitalize on the city-supported plan for up to 6-storey residential apartments, aligning with the vision for a vibrant community that blends modernity with natural beauty. This strategic and vibrant setting enhances the appeal for potential residents, offering a perfect balance of convenience and tranquility.
Sale Type:
Asset
Construction:
Mixed
Building Type:
See Realtor Remarks
# Bldgs:
1
Year built:
1973 (Age: 51)
Total Floor Area:
2,238 sq. ft.
Lot Area:
8,128 sq. ft.
Acres Freehold:
8,276 sq. ft.
Lot Depth:
101.71
Lot Frontage:
80'1"
Land Use/Zoning:
R1B
Permitted Use:
Multifamily (5+), Residential
Taxes:
$4,968.45 / 2023
Services Connected:
Fully Serviced
Water Supply:
Municipal
HVAC:
See Realtor Remarks
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
No
  • Photo 1: 27292 29A Avenue, Langley - Aldergrove Langley
    Photo 1 of 1
Listed by RE/MAX Real Estate Services
Data was last updated November 23, 2024 at 11:10 AM (UTC)
AMAR SHAN
DANA BALAN
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Navigating Commercial Real Estate Landscape in Vancouver, BC

Vancouver, BC, stands as a beacon of economic prosperity and cultural diversity, drawing businesses and investors alike to its dynamic commercial real estate market. In this article, we’ll delve into the thriving commercial landscape of Vancouver, exploring key trends, popular sectors, and the factors contributing to the city’s robust real estate sector. Whether you’re an entrepreneur seeking the perfect storefront or an investor eyeing the stability and growth potential of Vancouver’s commercial market, the opportunities are as diverse as the properties themselves. Explore BC commercial properties, especially in Vancouver, and discover a landscape ripe for business success and investment ventures.

Diverse Commercial Sectors

Vancouver’s commercial real estate market spans a diverse array of sectors, catering to the multifaceted needs of businesses. From vibrant retail spaces in bustling neighborhoods like Gastown to sleek office towers in the central business district, the city offers a spectrum of opportunities. The industrial sector, particularly in areas like Mount Pleasant, has also witnessed significant growth, driven by the rise of tech companies and creative industries.

Tech Hub and Innovation

As a burgeoning tech hub, Vancouver has become a magnet for innovative companies seeking prime office spaces to foster creativity and collaboration. The city’s strategic location, coupled with its quality of life, has attracted major players in the tech industry, contributing to the demand for modern, adaptable office spaces.

Green Initiatives and Sustainability

Vancouver places a strong emphasis on sustainability, influencing its commercial real estate landscape. The city’s commitment to green building practices has led to a surge in environmentally conscious developments. LEED-certified buildings and energy-efficient spaces have become integral components of the commercial market, appealing to businesses with a focus on sustainability.

Challenges and Opportunities

Despite its robustness, Vancouver’s commercial real estate market is not without challenges. Limited available space in key areas and rising property values pose obstacles for businesses seeking prime locations. However, this scarcity has also spurred innovative projects, such as mixed-use developments that seamlessly blend residential and commercial spaces.

Investment Appeal

Investors are drawn to Vancouver’s commercial real estate market for its stability and long-term growth potential. The city’s strategic geographical location, strong economic fundamentals, and commitment to innovation create an attractive environment for those looking to diversify their portfolios.

Conclusion: Vancouver, BC Commercial Properties

Vancouver’s commercial real estate landscape continues to evolve, shaped by economic trends, sustainability initiatives, and the city’s commitment to innovation. Whether you’re a local business looking to expand or a global investor seeking lucrative opportunities, Vancouver’s dynamic and diverse commercial real estate market provides a wealth of possibilities.