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$ 2,460,000
Est. payment | /mo
6,969 Sqft Lot
$ 2,460,000
Est. payment | /mo
6,969 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type Asset
MLS Listing ID C8079231
Year Built 1921
Lot Size 6,969 Sqft
Property Sub-Type Retail
Property Description
PRICED $563,000 BELOW 2026 BC ASSESSMENT! Exceptional opportunity to acquire a high-yield, fully stabilized freestanding commercial building in the heart of Historic Downtown Abbotsford. This standalone 4,690 sq. ft. commercial retail property is 100% occupied by 3 premium local tenants under Net Leases, yielding a stable $112,847/yr NOI. Secure multi-year leases with built-in rent escalations guarantee immediate cash flow growth. Impeccably managed with robust security deposits, this low-risk asset is an ideal turnkey acquisition for investors seeking protected yields in a high-demand corridor. Viewings strictly by appointment.
Location
Province BC
Community Central Abbotsford
Area Abbotsford
Zoning C-4/DOWNTOWN COMM
Interior
Heating Forced Air, Varies by Unit, HVAC System
Cooling Forced Air, Varies by Unit, Air Conditioning, HVAC System
Exterior
Utilities Available Electricity Connected, Fully Serviced, Garbage Collection, Natural Gas Connected, Sidewalk, Sanitary sewer at LotLine
Roof Type Torch On
Street Surface Paved
Building
Story 1
Sewer Public Sewer, Storm Sewer
Water Public
Others
Ownership Freehold
Security Features Security System
Nearby Locations
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