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33790 ESSENDENE Avenue in Abbotsford: Central Abbotsford Business with Property for sale in "Fraser Valley Inn" : MLS®# C8050656

33790 ESSENDENE Avenue Abbotsford V2S 2H2 : Central Abbotsford

28 room hotel
$6,250,000
Prop. Type:
Business with Property
MLS® Num:
C8050656
Status:
Active
Bus Major:
Accommodation Travel & Tourism
Bus Minor:
Tourist
Build. Type:
Commercial Mix
Excellent opportunity to acquire an upside property with Liquor store & Liquor license, updated Pub & Lounge, and restaurant. Currently the Pub, Lounge and restaurant are closed. Liquor store is operational, with parking at the back. 19 rooms are rented out to a community group for a steady monthly income. Great opportunity to develop together with land on 2540 Railway st - mls R2765611. To be sold together.
Sale Type:
Asset
Business Name:
Fraser Valley Inn
Major Bus Type:
Accommodation Travel & Tourism
Minor Bus Type:
Tourist
Bus Op Since:
1989
Construction:
Other
Building Type:
Commercial Mix, Street-Level Storefront
Name of Complex/Subdivision:
# Other Units:
# Storeys:
2.0
Year built:
1927 (Age: 98)
Total Floor Area:
Switch units of measure20,343 sq. ft.
Lot Area:
Switch units of measure20,343 sq. ft.
Land Use/Zoning:
C-7
Taxes:
$37,361.54 / 2022
Storefront, Visitor Parking
Services Connected:
Cable, Electricity, Natural Gas, Telephone, Sanitary sewer at Lot Line
Water Supply:
Municipal
HVAC:
Forced Air, Separate HVAC Units
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
Listed by Royal Pacific Tri-Cities Realty
Data was last updated January 6, 2025 at 08:10 PM (UTC)
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