20488 FRASER HIGHWAY

20488 FRASER HIGHWAY · Langley, Langley City · Business · $298,000 · MLS C8072218

Langley, British Columbia · Neighbourhood: Langley City
C$298,000
For sale
20488 FRASER HIGHWAY

20488 FRASER HIGHWAY is located in Langley (Langley City). Property snapshot: Business, listed at $298,000, MLS C8072218. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 145. Catchment schools include Douglas Park Communit

List Price: $298,000
MLS: C8072218
Days on Site: 145
Catchment Schools: Catchment schools include Douglas Park Community Elementary, H.D. Stafford Middle
Price History: Latest recorded list price 298000.00; 1 price change(s) on file

Local Decision Guide

How should buyers evaluate 20488 FRASER HIGHWAY?

Start by reading this listing in its Langley Langley City context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 20488 FRASER HIGHWAY?

This page shows a list price of $298,000 with MLS C8072218.

What type of home is this Langley, Langley City listing?

The page shows Business at 20488 FRASER HIGHWAY. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 145 days on market/site. Latest recorded list price 298000.00; 1 price change(s) on file.

Which catchment schools are associated with 20488 FRASER HIGHWAY?

Catchment schools include Douglas Park Community Elementary, H.D. Stafford Middle. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

An exceptional opportunity to acquire a well-known Korean buffet restaurant in the heart of Downtown Langley. The premises feature a fully equipped commercial kitchen with two commercial hood systems, offering outstanding flexibility for a wide range of restaurant concepts. Most food and beverage uses are permitted, making this an excellent opportunity for owner-operators or investors. The lease provides excellent long-term security with 5 years remaining, a 5-year renewal option, and an additional 5-year extension option beginning July 2025. The property also benefits from no demolition clause, ensuring long-term operating stability. Ideally located in a high-traffic commercial district with excellent visibility and strong customer exposure, this turnkey opportunity offers outstanding potential for continued success or conversion to another restaurant concept. (id:56153)

Property Details

Business
Building Type
-
Bedrooms
-
Bathrooms

Transaction: For sale

Status: active

Listing ID: 28866277 (C8072218)

Become a VIP member for free. More details will be available.
The information below is generated by BurnabyHouse.com for your convenience and may not always be accurate. Consult a Realtor to verify.

Site Context

Free sign-up unlocks site context
Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$298,000

Days on Site: 145 days

Added to BurnabyHouse: 2026-03-06

Updated on: 2026-06-29 05:00 AM PDT

Become a VIP member for free. More details will be available.

Lot info

Free sign-up unlocks full lot information
Includes parcel identifiers, size details, and land and approval context.

Schools

Douglas Park Community Elementary ELEMENTARY
Public
Langley City, BC
Straight-line distance about 356.4 m
H.D. Stafford Middle SECONDARY
Public
Langley City, BC
Straight-line distance about 1.6 km
Nearby Private Schools
Free sign-up unlocks nearby private school details
Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
About 43.6 m away
20491 Fraser Highway
About 44.5 m away
20489 Fraser Highway
Shopping Centres
About 271 m away
Langley
About 312.9 m away
Parks / Green Space
About 50 m away
About 164.7 m away

Price History

Free sign-up unlocks price history
View price changes, listing events, and the full timeline.

Newsletter

Enter your email to receive market updates and new listing alerts.
Offer Online

For logged-in members. Complete representation and privacy checks, then prepare offer instructions (not a formal contract). Includes BC 3-day rescission guidance.

Classic Search

Recent News

Jul 28, 2026
Paul Rushforth, Ottawa Real Estate Broker and Radio Personality, Dies at 52
Paul Rushforth, Ottawa Real Estate Broker and Radio Personality, Dies at 52

Paul Rushforth, a prominent Ottawa real estate broker and radio personality, has died at the age of 52.. The…

Jul 28, 2026
Real Estate Agents Push Back on Kevin O'Leary's Advice for Young Homebuyers
Real Estate Agents Push Back on Kevin O'Leary's Advice for Young Homebuyers

Real estate professionals are challenging financial commentator Kevin O'Leary’s recent advice that young adul…

Jul 28, 2026
BC Tourism Ministry spent $93,000 on helicopter rides in 2024: FOI data
BC Tourism Ministry spent $93,000 on helicopter rides in 2024: FOI data

A Western Investor opinion piece published on July 28, 2026, highlights significant government travel expendi…

Jul 27, 2026
Breka Bakery Proposes 30-Storey Hotel Tower at 8555 Cambie St.
Breka Bakery Proposes 30-Storey Hotel Tower at 8555 Cambie St.

Breka Laurel Holdings has submitted a proposal to redevelop the site at 8555 Cambie St.. in Vancouver into a…

Jul 28, 2026
Parks Canada Evacuates West Coast Trail as Heavy Rain Makes Hike Impassable
Parks Canada Evacuates West Coast Trail as Heavy Rain Makes Hike Impassable

Parks Canada has initiated evacuations and issued urgent warnings along Vancouver Island’s West Coast Trail a…

Jul 28, 2026
U.S. Haitian TPS Expired; Canada Faces Asylum Pressure Under Safe Third Country Agreement
U.S. Haitian TPS Expired; Canada Faces Asylum Pressure Under Safe Third Country Agreement

The United States officially terminated Temporary Protected Status (TPS) for Haitian nationals on Monday, str…

Jul 28, 2026
Union President Refuses Questions Over Foreign Callers at Vancouver Planning Hearing
Union President Refuses Questions Over Foreign Callers at Vancouver Planning Hearing

During a reconvened public hearing on July 22, 2026, regarding a controversial Vancouver urban planning propo…

Jul 27, 2026
STOREYS Moves to New Toronto Office at Site. Toronto Campus
STOREYS Moves to New Toronto Office at Site. Toronto Campus

STOREYS, the national media brand for the built environment, has announced its relocation to a new headquarte…

Jul 28, 2026
North Vancouver-Capilano Federal Byelection Set for Aug. 31
North Vancouver-Capilano Federal Byelection Set for Aug. 31

Prime Minister Mark Carney has officially called a federal byelection for the North Vancouver-Capilano riding…

Listing data displayed on this page is provided under license and may be based in whole or in part on information supplied by members of The Canadian Real Estate Association, participating real estate boards, brokerages, and authorized data providers. MLS®, REALTOR®, and related marks are owned or controlled by The Canadian Real Estate Association. Listing information is deemed reliable but is not guaranteed accurate, complete, or current. Users should verify all material facts with a licensed REALTOR® on BurnabyHouse.com before making decisions.

Powered by REALTOR.ca

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®).

Last Updated: Mon, 29 Jun 2026 04:42:16 AM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Evergreen West Realty

BurnabyHouse AI Assistant