Listing provided courtesy of Better Homes&Gardens McKenzieNWMLSMLS# NWM2410811MLS Provider
  • 9 views

A rare opportunity to own a landmark building in the heart of downtown Langley! This recently updated commercial property is home to three strong tenants and offers nearly a 7% cap rate. Two tenants are secured with brand-new, long-term NNN leases, while the third is on a flexible month-to-month lease—ideal for investors or potential owner-operators. Major recent upgrades include fresh exterior paint, a new fire suppression system, sprinklers, and a modernized lobby with elevator access. The property also boasts 12 dedicated parking spaces, plus convenient street parking. A rock-solid investment in a premium location—don’t miss your chance to own this standout downtown asset!

Source: NWMLS, MLS#: NWM2410811

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Commercial Sale
  • Lot
    0.32 acres

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Create a profile so you can receive updates on this property as soon as they happen!

  • Median Age
    62
  • Population Density
    183
  • College Educated
    57%
  • Estimated Median Income
    $86,027
  • Estimated Total Home Owners
    2,204
  • Estimated Total Renters
    690
  • Owner / Renter Divide
    76% / 24%
  • Estimated Average Household Size
    2
  • Total Population
    6,024
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 105 1st Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
1/21/2026Source: NWMLS Price Reduction
$2,495,000 -4.0%
7/22/2025Source: NWMLS Added to Database
July 22, 2025
6/20/2022Source: NWMLS Added to Database
June 01, 2021