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3111 272 St 9,927 SF 100% Leased Retail Building Aldergrove, BC V4W 3R9 $3,707,365 USD ($373.46 USD/SF)
Executive Summary
Marcus & Millichap is pleased to present for sale and/or lease 3111 272 Street, Langley, B.C. (the “Subject Property”). This freestanding 8,314 SF building with 1,613 SF mezzanine, situated on a 32,860 SF lot, offers an exceptional opportunity for an owner-user, tenant, or investor seeking a prominent commercial presence with vacant possession available. Ideally located in downtown Aldergrove, the Subject Property benefits from excellent visibility and frontage along 272 Street, with easy access to Fraser Highway and directly across from the transformative Aldergrove Town Centre — a master-planned community by Janda Group featuring 456 new residential units and 27,550 SF of commercial space, ensuring continued growth in foot traffic and long-term customer demand. Zoned C-2 (Community Commercial), the Subject Property permits a wide range of uses, including daycare, liquor retail, restaurant, and personal service establishments, among many others. The Subject Property features ample onsite parking with multiple access points and future redevelopment potential under the Medium Density Mixed-Use designation, allowing for up to 2.0x FSR and a 5-storey mixed-use development.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
9,927 SF
Building Class
C
Year Built
1963
Price
$3,707,365 USD
Price Per SF
$373.46 USD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.30
Lot Size
0.75 AC
Zoning
C-2 - Community Commercial Zone
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 7
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3111 272 St
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