Retail for sale
2660 Ware Street, Central Abbotsford, Abbotsford
$2,750,000
Features
Floor Area
4,320 sqft
Lot Size
9,600 sqft
Gross Property Tax
$21,939.78 /year
Building Type
Freestanding, Street-Level Storefront
Zoning
C5
# of Parking Spaces
10
Subject Property Width
96 ft
Subject Property Depth
100 ft
Description
Court Ordered Sale. The subject property is a 4,320 SF, one-storey, free standing retail building constructed in 1950, on a 0.22-acre, C5 zoned lot. The building is split into two retail units. 2660 Ware Street has a net leasable area of 3,462 SF and 2650 Ware Street has a net leasable area of 858 SF. 2660 Ware has a warehouse area with 13-foot ceiling height. Unit 2650 Ware is tenanted and has a gross revenue of approximately $22,308 per annum. The City of Abbotsford Official Community Plan designates the existing use for the property as "Secondary Commercial," which allows for commercial strip malls with off street surface parking, indoor industrial uses, and small and medium format retail centres up to 2 storeys. Heights up to 4 storeys are permitted for tourist accommodations. The property is being sold as-is-where-is, and all offer are subject to Court approval.
MLS® Number C8071776