Retail for Sale — Langley, BC
$5,999,000
20466 FRASER HIGHWAY, Langley, BC V3A4G2
Property details
Structured details
- Annual property tax
- $79,602.4 (2025)
Listing Information
- MLS®
- C8076604
- Listed
- February 28, 2026
- Time on market
- 199 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
Description
Freestanding two-storey retail and service commercial building totaling approximately 15,671 sf on an 11,458 sf site on the "One Way" in the heart of Langley City's Historic Downtown Core. Prominently positioned along Fraser Highway, property benefits from exceptional visibility, steady vehicular and pedestrian traffic, and immediate access to surrounding retail, restaurants, and community amenities. OCP Historic Downtown Core designation supports mixed-use residential and commercial development with density of up to 3.5 FAR, presenting significant long-term redevelopment potential, subject to municipal approvals. The Property is located approximately 600 metres from the future Langley City Centre SkyTrain Station. Offering scale, frontage, and redevelopment flexibility within one of the Fraser Valley's most active areas. (id:63159)
Financing calculator
Estimate your monthly payment on the $5,999,000 asking price.
Financing details
- Monthly debt service
- $58,228
- Cash required at close
- $1,224,800
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Langley)
- Population
- 161,566(+12.8% since 2016)
- Population density
- 509/km²
- Median household income
- $102,443
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 21.9%
- Postsecondary below bachelor's
- 31.2%
- High school diploma
- 33.3%
- No certificate/diploma
- 13.5%
Population aged 15 and over.
Commute
- Car, truck or van
- 91.1%
- Public transit
- 3.4%
- Walked
- 3.5%
- Bicycle
- 0.5%
- Other
- 1.6%
Commute duration
- Under 15 min
- 24.9%
- 15–29 min
- 33.1%
- 30–44 min
- 23.3%
- 45–59 min
- 10.6%
- 60+ min
- 8.2%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Flourishing Restaurant · 20472 Fraser Highway10m
- Obanhmi · 20477 Fraser Highway31m
- Langley Buffet37m
- Don't Tell Nonna · 20504 Fraser Highway76m
- Adelicia's Mexican Restaurant & Bar · 20505 Fraser Highway87m
Cafes (5+)
- Cozy Bean Bakery · 20493 Fraser Highway47m
- Projekt + Blend · 20436 Fraser Highway59m
- Red Velvet Cafe75m
- Oldhand Coffee · 20528 Fraser Highway100m
- The Pie Hole · 20534 Fraser Highway115m
Grocery (5+)
- Periska Foods · 20456 Fraser Highway36m
- Pinoy Spot · 20454 Fraser Highway40m
- Los Guerreros · 20489 Fraser Highway41m
- Cielito Lindo · 20491 Fraser Highway43m
- Michael's nofrills244m
Shopping (5+)
- Value Village · 20501 56 Avenue195m
- Rainbow Mall243m
- St. Andrews Plaza · 20615 Fraser Highway244m
- Langley Mall · 5501 204 Street312m
- Unnamed555m
Parks (5+)
- McBurney Lane87m
- Innes Corners Plaza127m
- Douglas Park282m
- Legion Memorial Gardens · 20700 56 Avenue508m
- Michaud Park545m
Gyms (5+)
- Evolution Pilates & Yoga Studio's Ltd · 20457 Fraser Highway44m
- Planet Fitness287m
- Fitness Unlimited Health Club · 20501 Logan Avenue306m
- Anytime Fitness372m
- Brand Fitness · 20236 Fraser Highway543m
Pharmacies (5+)
- PharmaChoice260m
- Pharmasave · 20644 Fraser Highway301m
- I.D.A. · 5568 206 Street324m
- Community Pharmacy466m
- Glover Medicine Centre · 102-5796 Glover Road537m
Banks & ATMs (5+)
- Unnamed258m
- TD Canada Trust308m
- Instacoin ATM319m
- Memory Express - Langley - Bitcoin Well ATM · 20202 Fraser Highway602m
- Cash Money610m
Healthcare (5+)
- Langley Public Health201m
- Langley City Family Practice271m
- Travel Medicine & Vaccination Centre511m
- Glover Medical Centre · 101-5796 Glover Road537m
- St Luke Family Practice587m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| Langley Centre @ Bay 1 | 172m | |
| Southbound 204 St @ Douglas Cres | 172m | |
| Northbound 204 St @ Park Ave | 195m | |
| Westbound Douglas Cres @ 204 St | 219m | |
| Langley Centre @ Bay 2 | 230m | |
| Langley Centre @ Bay 3 | 236m |
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All in Langley →Frequently asked questions
What is the asking price for this business?
The asking price is $5,999,000.
Where is this business located?
This listing is located in Langley, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 15, 2026.