Restaurants for Sale — Langley, BC
$298,000
20488 FRASER HIGHWAY, Langley, BC V3A4H8
Property details
Structured details
- Security
- Alarm system
From the listing remarks
- Years remaining on lease
- 5 years
Stated by the listing brokerage in the remarks; not verified. Hover a value to see the exact sentence it came from.
Listing Information
- MLS®
- C8072218
- Listed
- September 15, 2025
- Time on market
- 364 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
Description
An exceptional opportunity to acquire a well-known Korean buffet restaurant in the heart of Downtown Langley. The premises feature a fully equipped commercial kitchen with two commercial hood systems, offering outstanding flexibility for a wide range of restaurant concepts. Most food and beverage uses are permitted, making this an excellent opportunity for owner-operators or investors. The lease provides excellent long-term security with 5 years remaining, a 5-year renewal option, and an additional 5-year extension option beginning July 2025. The property also benefits from no demolition clause, ensuring long-term operating stability. Ideally located in a high-traffic commercial district with excellent visibility and strong customer exposure, this turnkey opportunity offers outstanding potential for continued success or conversion to another restaurant concept. (id:63159)
Financing calculator
Estimate your monthly payment on the $298,000 asking price.
Financing details
- Monthly debt service
- $2,892
- Cash required at close
- $84,600
- 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+)
- Langley Buffet20m
- Flourishing Restaurant · 20472 Fraser Highway35m
- Don't Tell Nonna · 20504 Fraser Highway43m
- Obanhmi · 20477 Fraser Highway59m
- Adelicia's Mexican Restaurant & Bar · 20505 Fraser Highway65m
Cafes (5+)
- Cozy Bean Bakery · 20493 Fraser Highway43m
- Oldhand Coffee · 20528 Fraser Highway63m
- Red Velvet Cafe77m
- The Pie Hole · 20534 Fraser Highway80m
- Projekt + Blend · 20436 Fraser Highway96m
Grocery (5+)
- Cielito Lindo · 20491 Fraser Highway44m
- Los Guerreros · 20489 Fraser Highway45m
- Periska Foods · 20456 Fraser Highway74m
- Pinoy Spot · 20454 Fraser Highway78m
- Julia's Prime Market · 20611 Fraser Highway230m
Shopping (5+)
- Value Village · 20501 56 Avenue199m
- St. Andrews Plaza · 20615 Fraser Highway212m
- Rainbow Mall271m
- Langley Mall · 5501 204 Street322m
- Unnamed593m
Parks (5+)
- McBurney Lane50m
- Innes Corners Plaza165m
- Douglas Park249m
- Legion Memorial Gardens · 20700 56 Avenue482m
- Michaud Park569m
Gyms (5+)
- Evolution Pilates & Yoga Studio's Ltd · 20457 Fraser Highway78m
- Planet Fitness297m
- Fitness Unlimited Health Club · 20501 Logan Avenue324m
- Anytime Fitness339m
- Brand Fitness · 20236 Fraser Highway579m
Pharmacies (5+)
- Pharmasave · 20644 Fraser Highway265m
- PharmaChoice266m
- I.D.A. · 5568 206 Street297m
- Community Pharmacy497m
- Glover Medicine Centre · 102-5796 Glover Road536m
Banks & ATMs (5+)
- Instacoin ATM281m
- Unnamed295m
- TD Canada Trust322m
- Memory Express - Langley - Bitcoin Well ATM · 20202 Fraser Highway638m
- Cash Money647m
Healthcare (5+)
- Langley Public Health239m
- Langley City Family Practice280m
- Glover Medical Centre · 101-5796 Glover Road538m
- Travel Medicine & Vaccination Centre548m
- St Luke Family Practice591m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| Southbound 204 St @ Douglas Cres | 183m | |
| Langley Centre @ Bay 1 | 188m | |
| Northbound 204 St @ Park Ave | 198m | |
| Westbound Douglas Cres @ 204 St | 245m | |
| Langley Centre @ Bay 2 | 246m | |
| Langley Centre @ Bay 3 | 254m |
Nearby restaurants for sale
Similar listings
Other business categories in Langley
View all in Langley →Other business categories
All categories →Looking for commercial property instead?
Explore more
Frequently asked questions
What is the asking price for this restaurant?
The asking price is $298,000.
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.