3194-3198 Jacklin Rd
Langford, British Columbia V9B5J9

Price: $4,850,000 | Offering 1.50% fee to co-op agents. Pleased to present the opportunity to acquire 3194 Jacklin Road, Langford, B.C. The proeprty features stable, in-place income from four tenants, demonstrating strong tenure. With strong holding income, significant development potential and proximity to Glen Lake and renowned Galloping Goose Trail, this asset is strategically positioned for developers to benefit from breathtaking lake views and unmatched connectivity. The property comprises a prominent corner lot of 28,629 SF, at the intersection of Jacklin Road and Sooke Road (Hwy 14) and is currently zoned C3 - District Commercial. Situated within Langford's designated Town Centre area, the property holds strong potential for rezoning to CPP (City Centre Pedestrian Zone), supporting high-density, commercial, and mixed-use residential developments. This potential is highlighted by the upcoming project at 2826 Jacklin Road, a multi-unit tower featuring 80 condos and 3 commercial units. Located at the intersection of Jacklin Road and Highway 14, this site benefits from excellent visibility, with over 21,000 vehicles passing daily. Langford has recently been recognized as one of the top 10 most resilient cities in British Columbia (2023) and has earned the title of Most Economically Resilient City in the province for two consecutive years (2020 and 2021). Sections 5(A)(iii) and 5(B) of the standard listing contract have been amended. (28629048)