105 1st St Langley, WA 98260

Building Details

Year Built

1982

Listing office Better Homes and Gardens McKenzie Realty Show Phone

Listing date Jul 23, 2025

Source Crexi

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Investment Insights

Based on property information with market context.

This commercial property is located in downtown Langley. The building has been recently updated and features three tenants. Two tenants are secured with new, long-term NNN leases, while the third operates on a flexible month-to-month lease. Recent upgrades include fresh exterior paint, a new fire suppression system, sprinklers, and a modernized lobby with elevator access. The property includes 12 dedicated parking spaces, supplemented by street parking. The property size is 8620 square feet.

Key Highlights

• High Cap Rate: Offers nearly a 7% cap rate, indicating strong investment potential.
• Long‑Term Leases: Two tenants secured with brand‑new, long‑term NNN leases, providing stable income.
• Prime Location: Located in the heart of downtown Langley, a premium and desirable area.

Property Analytics

Property Profile Location Intelligence

FAQs

What type of property is this?

Mixed-use property - Updated commercial property with strong tenants and high cap rate.

Where is this mixed-use property located?

The property is located at 105 1st St Langley, WA.

What is the asking price?

The asking price for this property is $2,495,000.

What are key features of this property?

This property features: High Cap Rate: Offers nearly a 7% cap rate, indicating strong investment potential.; Long‑Term Leases: Two tenants secured with brand‑new, long‑term NNN leases, providing stable income.; Prime Location: Located in the heart of downtown Langley, a premium and desirable area.