$ 2,600,000

20483 Fraser Highway, Langley

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. (id:1945)
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Property details for 20483 Fraser Highway, Langley

Type
Commercial
Annual Taxes
$29,074 (2026)

Nearby Listings Stat

Estimated price and comparable properties near 20483 Fraser Highway

Active Listings
392
Min Price
$100,000
Max Price
$7,500,000
Avg Price
$1,022,204
Days on Market
73
days
Sold Listings
97
Min Sold Price
$298,000
Max Sold Price
$4,399,999
Avg Sold Price
$964,919
Days until Sold
81
days

Neighbourhood Census Data

Langley, British Columbia / Colombie-Britannique

Population
506
Median Age
69.6
Median Income
$26,645
Dwelling Value
$224,565

Housing Tenure

Owners 56%
Renters 44%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.4
Pop. Density: 2,240.9/km²
Avg Shelter Cost: $772/mo
Owners with Mortgage: 42.5%
Owners Spending 30%+: 26.8%
Tenants Spending 30%+: 71.9%
English only: 94.1%
French only: 1%
English and French: 5%
Neither: 2%
Median Household Income: $36,224
Median Employment Income: $23,360

Price History

Listed
September 21, 2026
by Macdonald Realty (Surrey/152)
Current Price
$2,600,000
Type
Commercial
For Sale
20483 Fraser Highway

Contact Agent Get in touch about 20483 Fraser Highway, Langley

Yvonne Van Gelderen
Yvonne Van Gelderen
Macdonald Realty (Surrey/152)