Retail for sale
5814 Riverside Street, Matsqui, Abbotsford
$1,600,000
Features
Year Built
1949
Floor Area
3,120 sqft
Lot Size
6,534 sqft
Gross Property Tax
$12,883.36 /year
Building Type
Freestanding
Zoning
C1
Bylaws Restriction
None Known
Description
Marcus & Millichap is pleased to offer the opportunity to purchase 5814 Riverside Street, located in Matsqui Village, between Mission and Abbotsford. Rare Opportunity: With commercially zoned properties in historic Matsqui Village numbering in the single digits, this asset offers the purchaser a unique opportunity to establish a retail, restaurant or service business with potential to become a destination or community-hub. High Exposure: This comer property is a focal point of the village's "Main Street" and Abbotsford's Traffic Data Program estimates exposure to roughly 4500 vehicles per day (VPD), with nearby Highway 11 seeing approx 25,000 VPD. The property is also located next to the community's premiere child-care facility, guaranteeing additional daily exposure. Capital Improvements: Membrane roofing and foundation are less than 10-years old. Building and mechanical systems meticulously maintained.
MLS® Number C8077800