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Main Photo: 20483 Fraser Highway in Langley: Langley City Retail for sale : MLS®# C8082172
Photo 1: 20483 Fraser Highway in Langley: Langley City Retail for sale : MLS®# C8082172
Photo 2: 20483 Fraser Highway in Langley: Langley City Retail for sale : MLS®# C8082172
Photo 3: 20483 Fraser Highway in Langley: Langley City Retail for sale : MLS®# C8082172
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Photo 23: 20483 Fraser Highway in Langley: Langley City Retail for sale : MLS®# C8082172
Status:
Active
Prop. Type:
Retail
MLS® Num:
C8082172
Build. Type:
Low Rise (2-4 storeys)
Fabulous opportunity in Langley City's Historic Downtown Core! This prominent commercial/residential property fronts Fraser Highway and 56th Ave and features a rare dedicated parking lot with 15 parking spaces - an exceptional asset in this area. Zoned C-1 Downtown Commercial, the property offers significant future development potential, with the OCP permitting up to 47,000 sq. ft. of buildable area and a maximum 5.5 FAR. The Historic Downtown Core has recently received a beautiful revitalization, bringing renewed energy, increased pedestrian traffic and a vibrant mix of well-loved local businesses and exciting new additions. With the future SkyTrain adding to the area's connectivity and continued investment transforming downtown, this is an opportunity to secure a property in an evolving and sought-after location. Whether you're looking for a commercial investment, mixed-use opportunity or future redevelopment potential, this property offers an outstanding combination of location, parking & possibility.
Sale Type:
Asset or Share
Sublease:
Yes
Ownership:
Freehold
Property Type:
Retail
Commercial Type:
Retail
Business Name:
BINNY NAILS, BIG FEET, ROYAL
Construction:
Frame Wood
Num Storeys:
2
Building Type:
Low Rise (2-4 storeys), Mixed Use
# Bldgs:
1
# of Apartments:
3
# of 1 Bedroom Apartments:
1
# of 2 Bedroom Apartments:
2
Year built:
1913 (Age: 113)
Living Area:
3,100 sq. ft.
Subject Property Depth:
122'
Subject Property Width:
61'
Lot Area:
8,276.4 sq. ft.
Zoning:
Potential to Redevelop:
TES, No
Fencing:
Parking:
Guest
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Cooling:
Air Conditioning, HVAC System
Electricity:
No
Services Connected:
Fully Serviced, Street Lighting
Sewer:
Public Sewer
Parcel Number:
013218387
Taxes:
$29,074.27 / 2026
Storefront
No
# Elevators:
0
# Docks:
0
Ceiling Height:
0'
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
TES, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Macdonald Realty (Surrey/152)
Data was last updated September 21, 2026 at 10:40 PM (UTC)
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