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20428 Douglas Crescent
Langley City Langley V3A 4B4

$4,499,000
Office, Retail

Two-story commercial building exterior featuring a masonry base, half-timbered upper facade, and street-level storefront windows
Status:
Active
Prop. Type:
Office, Retail
MLS® Num:
C8083171
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 20416 Douglas Crescent. See MLS# C8083169
Sale Type:
Asset
Sublease:
Yes
Ownership:
Freehold
Property Type:
Office, Retail
Commercial Type:
Office
Construction:
Frame Wood, Mixed
Num Storeys:
2
Building Type:
Office, Street-Level Storefront
Year built:
1966 (Age: 60)
Living Area:
8,386 sq. ft.
Subject Property Depth:
139'
Subject Property Width:
98'
Lot Area:
13,503.6 sq. ft.
Zoning:
Potential to Redevelop:
YES, No
Fencing:
Parking:
Guest
# 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
Sewer:
Public Sewer
Parcel Number:
011387335
Taxes:
$49,210.65 / 2026
Boardroom, 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: 20428 Douglas Crescent in Langley: Langley City Office for sale : MLS®# C8083171
    Two-story commercial building exterior featuring a masonry base, half-timbered upper facade, and street-level storefront windows
Listed by Royal LePage - Wolstencroft
Data was last updated October 28, 2026 at 08:40 PM (UTC)
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