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27159 Fraser Highway
Aldergrove Langley Langley V4W 3R1

$2,650,000
Multi-Family Commercial, Retail

View of building exterior
Photo 1: 27159 Fraser Highway in Langley: Aldergrove Langley Multi-Family Commercial for sale : MLS®# C8069409
Photo 2: 27159 Fraser Highway in Langley: Aldergrove Langley Multi-Family Commercial for sale : MLS®# C8069409
Photo 3: 27159 Fraser Highway in Langley: Aldergrove Langley Multi-Family Commercial for sale : MLS®# C8069409
Photo 4: 27159 Fraser Highway in Langley: Aldergrove Langley Multi-Family Commercial for sale : MLS®# C8069409
Status:
Active
Prop. Type:
Multi-Family Commercial, Retail
MLS® Num:
C8069409
Build. Type:
Low Rise (2-4 storeys)
EXCELLENT RETAIL COMMERCIAL SPACE - Ideally located on a corner lot in the heart of Aldergrove's downtown core, this two-storey wood-frame building offers unmatched visibility along Fraser Highway, with direct access to Vancouver, Langley, and Abbotsford. Featuring a new roof and a rich history, the property includes 4 commercial units, 6 one-bedroom units, 2 two-bedroom units, and a dedicated laundry room. Recently renovated with extensive upgrades, it offers great potential for lease-hold improvements. With street parking in front and 6 open parking spots in the back, accessibility is a breeze. Positioned within Aldergrove's Core Area Plan, this mixed-use property presents an excellent investment opportunity with exciting redevelopment potential.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial, Retail
Commercial Type:
Multi Family
Construction:
Frame Wood
Num Storeys:
2
Building Type:
Low Rise (2-4 storeys), Mixed Use, Mul Tenant/MultiPlex (5+)
# Units Total:
11
# Other Units:
2
# of Apartments:
9
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
1
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
7
# of 2 Bedroom Apartments:
1
# of 3 Bedroom Apartments:
0
Year built:
1949 (Age: 76)
Living Area:
6,521 sq. ft.
Subject Property Depth:
137'
Subject Property Width:
48'
Class Of Space:
Class C
Lot Area:
6,534 sq. ft.
Zoning:
Potential to Redevelop:
See Aldergrove Core Plan, Yes
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Electricity:
No
Sewer:
Public Sewer
Parcel Number:
009356673
Taxes:
$15,225.2 / 2024
No
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
See Aldergrove Core Plan, Yes
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 27159 Fraser Highway in Langley: Aldergrove Langley Multi-Family Commercial for sale : MLS®# C8069409
    View of building exterior
  • Photo 2: 27159 Fraser Highway in Langley: Aldergrove Langley Multi-Family Commercial for sale : MLS®# C8069409
    View of property
  • Photo 3: 27159 Fraser Highway in Langley: Aldergrove Langley Multi-Family Commercial for sale : MLS®# C8069409
    View of building exterior
  • Photo 4: 27159 Fraser Highway in Langley: Aldergrove Langley Multi-Family Commercial for sale : MLS®# C8069409
    View of uncovered parking lot
Listed by Stonehaus Realty Corp.
Data was last updated May 23, 2025 at 04:40 PM (UTC)