The Largest Number of Homes for Sale
Retail for sale
33780 Essendene Avenue, Central Abbotsford, Abbotsford
$2,460,000
New property
$2,460,000
Retail for sale
33780 Essendene Avenue, Central Abbotsford, Abbotsford
Features
Year Built
1921
Floor Area
4,690 sqft
Lot Size
6,970 sqft
Gross Property Tax
$33,295.18 /year
Building Type
Freestanding, Street-Level Storefront
Building / Complex Name
Caps
Zoning
C-4/DOWNTOWN COMM
Amenities
Paved Yard, Storage, Washrooms Female/Male, Security System, Forced Air, Varies by Unit, Air Conditioning, HVAC System
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.
MLS® Number C8079231