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20416 Douglas Crescent
Langley City Langley V3A 4B4

$3,999,000
Office, Retail

Commercial building exterior featuring white stucco facade, arched architectural detailing, and a prominent red metal roof
Status:
Active
Prop. Type:
Office, Retail
MLS® Num:
C8083169
Build. Type:
Office
A fabulous and exceptional opportunity to purchase 2 properties and 2 buildings totalling 17,595 sq/ft of retail and office space located on prime downtown land of 20,409 sq/ft in the "Designated Transit Oriented Area"! Just 3 blocks away from the new highly anticipated skytrain Langley City center station. The C1 zoning provides a multitude of permitted business options for the tenants, the ground level has 8,423 sq/ft of space and the second level has 9,172 s/ft. The immediate investment has fantastic future redevelopment potential for a main floor commercial retail and a multi-level residential condo building, up to 4.5 FAR (subject to city approval). Located in the heart of Downtown Langley's evolving landscape. To be sold with the adjacent property 20428 Douglas Crescent. See MLS# C8083171
Sale Type:
Asset
Sublease:
Yes
Ownership:
Freehold
Property Type:
Office, Retail
Commercial Type:
Office
Construction:
Concrete Block, Mixed
Num Storeys:
2
Building Type:
Office, Street-Level Storefront
Year built:
1969 (Age: 57)
Living Area:
9,209 sq. ft.
Subject Property Depth:
136'
Subject Property Width:
49'
Lot Area:
6,534 sq. ft.
Zoning:
Potential to Redevelop:
YES, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Cooling:
Central Air, Forced Air, Air Conditioning, HVAC System
Electricity:
Yes
Services Connected:
Electricity Connected, Natural Gas Connected, Phone Connected, Street Lighting, Sidewalk, Sanitary sewer at LotLine
Sewer:
Public Sewer
Parcel Number:
007986076
Taxes:
$50,711.65 / 2026
Storefront, Washrooms Female/Male
No
Security System
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
YES, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 20416 Douglas Crescent in Langley: Langley City Office for sale : MLS®# C8083169
    Commercial building exterior featuring white stucco facade, arched architectural detailing, and a prominent red metal roof
Listed by Royal LePage - Wolstencroft
Data was last updated October 28, 2026 at 08:40 PM (UTC)
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