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33775 ESSENDENE Avenue in Abbotsford: Central Abbotsford Office for sale : MLS®# C8058544

33775 ESSENDENE Avenue Abbotsford V2S 2H1 : Central Abbotsford

Main Photo: 33775 ESSENDENE Avenue in Abbotsford: Central Abbotsford Office for sale : MLS®# C8058544
$5,500,000
Prop. Type:
Office, Retail
MLS® Num:
C8058544
Status:
Active
Build. Type:
Commercial Mix
Investment Opportunity in rejuvenated Downtown Abbotsford! This is a rare chance to purchase 2 neighboring buildings located on busy Essendene Avenue that are fully occupied with long term leases and solid tenants. 33775 Essendene Avenue is split between 2 tenants that have been long time fixtures in the downtown Abbotsford scene - Reddy Cakes Bakery and Palmer Law. 33779 Essendene Avenue is split between 3 tenants - Pinkies Nail Salon, Sugar'd (Wax Bar) & Jam Dance. Both buildings have recently had their exterior updated to reflect the ADBA requirements and in the alley behind, both buildings have had beautiful murals painted by local artists which is becoming a trending theme amongst property Owners. We ask that you do NOT contact any of the Tenants for further information, instead give us a call to receive a NDA and Data Room on this exciting real estate opportunity!
Sale Type:
Asset
Construction:
Mixed
Building Type:
Commercial Mix, Street-Level Storefront
Name of Complex/Subdivision:
# Bldgs:
2
# Other Units:
# Storeys:
2.0
Year built:
1955 (Age: 70)
Total Floor Area:
Switch units of measure13,812 sq. ft.
Lot Area:
Switch units of measure0 sq. ft.
Land Use/Zoning:
C7
Taxes:
$44,588.9 / 2023
# Elevators:
0
Roof:
Env Assmt Phase:
Yes
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 RE/MAX Commercial Advantage
Data was last updated January 6, 2025 at 07:10 PM (UTC)
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