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20173 88 Avenue
Langley City Langley V1M 2N9

$29 /sqft
Retail

Status:
For Lease
Prop. Type:
Retail
MLS® Num:
C8082777
Build. Type:
Freestanding
Open your business north of the busy 200th and Highway 1 Interchange in NW Langley. Also directly accessible off of the 202nd Connector. 104,000 VPD on Highway 1 and 40,000 VPD on 88th Avenue. The premises was operated as Oak & Thorne Pub since 2014 and recently closed. Superb access and lots of surface parking. Prior to 2014, the property was home to the Shark's Club for 17 years. The opportunity here is to take an existing pub/restaurant facility improved with full kitchen, multiple washrooms, bar and infrastructure, invest and transform to your concept. Assets include Liquor Primary #178849 (312 persons) 9:00 a.m. to 2:00 a.m. Mon-Sat and 9:00 a.m. to 1:00 a.m. Sunday. Long Term Lease available without demolition. Two patios to south and one patio to west come with (64 patrons). Otherwise, property may be used for any permitted service in the C-2B Zoning bylaw which allows all C-2 uses including assembly (fitness, etc.) , commercial, restaurant and daycare.
Sale Type:
Lease
Lease Type:
Net
Lease Term:
60 Months
Sublease:
Yes
Ownership:
Freehold
Property Type:
Retail
Commercial Type:
Retail
Construction:
Mixed
Num Storeys:
1
Building Type:
Freestanding
# Bldgs:
1
Year built:
1998 (Age: 28)
Leasable Area:
8,256 sq. ft.
Subject Space Depth:
83'
Subject Space Width:
102'
Contiguous Spc:
8,256 sq. ft.
Retail Size:
7,208 sq. ft.
Mezzanine Size:
1,048 sq. ft.
Minimum Divisible Area:
8,256 sq. ft.
Lot Area:
0 sq. ft.
Zoning:
Potential to Redevelop:
Yes
Fencing:
Parking:
Guest
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Cooling:
Make-Up Air, Air Conditioning, HVAC System
Electricity:
Yes
Services Connected:
Cable Connected, Curb/Gutter, Electricity Connected, Fully Serviced, Natural Gas Connected, Phone Connected
Sewer:
Public Sewer, Storm Sewer
Parcel Number:
300029431
Taxes:
$8.9 / 2026
Floor Drains or Grease Trap, Washrooms Female/Male
No
Cooler, Freezer
Security System
No
Ceiling Height:
20'
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Additional Rent per Annum per SF:
13.0
Gross Rent per Annum per SF:
29.0
Previous Price:
Original Price:
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Listed by Northern Vision Realty Advisors Inc.
Data was last updated October 14, 2026 at 06:35 PM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.