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20430-20436 Fraser Hwy 18,866 SF 100% Leased Retail Building Langley, BC V3A 4G2 $7,600,000 CAD ($402.84 CAD/SF)
Investment Highlights
- Ideal for owner-users looking to establish a retail or office presence in a high-visibility location, or developers seeking a value-add opportunity.
- Located only a block away from the new Surrey/Langley Skytrain terminus Station and surrounded by a diverse mix of commercial and residential.
- The site offers strong potential for a mixed-use multifamily development with ground-floor commercial.
- Currently zoned C1 Downtown Commercial Core, allowing for a wide range of commercial uses.
Executive Summary
Colliers presents the opportunity to acquire 20436 Fraser Highway, Langley, BC (the “Property”). This offering presents a compelling opportunity for both owner-users and developers, with the flexibility to either occupy the existing commercial building or pursue a mixed-use redevelopment featuring multifamily residential above grade-level retail.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
18,866 SF
Building Class
C
Year Built
1961
Price
$7,600,000 CAD
Price Per SF
$402.84 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.11
Lot Size
0.39 AC
Zoning
C1 - Downtown Commercial Core
Parking
20 Spaces (1.06 Spaces per 1,000 SF Leased)
Frontage
115’ on Fraser Hwy
Amenities
- Bus Line
- Signage
Walk Score®
Walker's Paradise (95)
Bike Score®
Very Bikeable (72)
Nearby Major Retailers
1 of 12
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20430-20436 Fraser Hwy
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