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12,800 ft²
Multifamily
N/A
Not Available

The Building - 5844 Glover Road

OWNER-USER or INVESTOR OPPORTUNITY! High profile corner property near the Luxury Auto Mall and Kwantlan University. Next to Magnolia Gardens and 'The Meadows' a 40 acre residential development, this prime location is walking distance to the proposed LRT station. Ideal opportunity for an owner-user to occupy the last retail space, and ideal location for investors with excellent repositioning opportunties to the OCP. Newly renovated residential units are fully rented on one year leases to all new tenants. Large 20,681 sf site, 12,800 sf building is zoned C1-Dowtown Commercial with future OCP redevelopment to Mid-Density 4 story with 1.60 FSR. Great holding property for investor, or owner-user with own business. $186,548 is projected NOI and includes a management fee. Information available upon request.


Property TypeMultifamily
Floors2
Building Size12,800 ft²
ZoningC-1
Year Built1975


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