20488 FRASER HIGHWAY
Langley, British Columbia
MLS® C8072218
$298,000
- Status
- Active
- Property type
- Business
- MLS® number
- C8072218
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 20Listing description
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.
Property summary
- MLS® number
- C8072218
- Property type
- Business
- Days on market
- 348 days
What would this home cost you?
Based on the $298,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Evergreen West Realty, Coquitlam.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.