Commercial Real Estate in BC

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8075 198a Street
Willoughby Heights Langley V2Y 1Y3

$6,800,000
Land Commercial

Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8078347
Build. Type:
See Remarks
Rare, stand alone commercial development opportunity, in addition to office uses could include seniors assisted living and or possible medical office center. Sanitary, City water, hydro and gas all available at the lot line, storm water can be handled on site. Independent from any neighbouring development sites property has ToL preliminary approval for a +65,000 office building. Overall property is about 2.5 ac, net developable property is just under 1 acre and remaining 1.5 ac dedicated green space and creek protection, Property has older 2300 sqft home in poor condition. Owner financing available to qualified Buyer.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Land Commercial
Construction:
Frame Wood
Building Type:
See Remarks
Home Owners Association:
Yes
Year built:
1969 (Age: 57)
Living Area:
2,300 sq. ft.
Subject Property Depth:
563'6"
Subject Property Width:
185'4"
Lot Area:
2.4 acre(s)
Zoning:
Potential to Redevelop:
EMPLOYMENT LANDS/POSSIBLE SENIORS CAR FACTICITY, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Cooling:
Forced Air
Electricity:
No
Services Connected:
Cable at Lot Line, Cable Connected, Curb/Gutter, No Services, City Water at Lot Line
Parcel Number:
007263147
Taxes:
$16,991.15 / 2025
Balconies
No
Water Supply:
Well Drilled, City Water at Lot Line
Water Rights:
No
Roof:
Potential to Redevelop:
EMPLOYMENT LANDS/POSSIBLE SENIORS CAR FACTICITY, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$2.00
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Homelife Benchmark Realty (Langley) Corp.
Data was last updated April 30, 2026 at 03:40 PM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.