Retail for sale

32490 Simon Avenue, Abbotsford West, Abbotsford

$7,500,000 or
Contact the REALTOR®
Retail for sale in Abbotsford West, Abbotsford, Abbotsford, 32490 Simon Avenue, 224969251 | Realtylink.org
Retail for sale in Abbotsford West, Abbotsford, Abbotsford, 32490 Simon Avenue, 224969251 | Realtylink.org
$7,500,000 or

Retail for sale

32490 Simon Avenue, Abbotsford West, Abbotsford

Features

Lifestyle
224969251 7500000 /en/retail~for-sale~abbotsford-west-abbotsford/224969251?view=Summary /en/retail~for-sale~abbotsford-west-abbotsford/224969251/photos 49.0522500000 -122.3241000000 true
Floor Area
15,600 sqft
Lot Size
58,806 sqft
Gross Property Tax
$77,589.84 /year
Zoning
C4

Description

A rare opportunity to acquire a 1.35 acre site in City Centre Abbotsford that lends itself to both multifamily development, and/or an owner/user opportunity with the existing improvements of 15,600 SF. 2019 City Centre Abbotsford Neighborhood Plan Designates the property as City Centre Residential which allows for a base density of 2.75 FSR with bonus density of up to 2.25 FSR. Current NOI of $168,985. Current tenant's expiry is April 30, 2029 with no renewal options. Please call for guidance on buildable area.
MLS® Number C8064182

Listing REALTOR®

Joey Yoo, REALTOR<sup>®</sup>

Joey Yoo

REALTOR®
604-675-5236

Marcus & Millichap

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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