Development Land

33790 ESSENDENE Avenue
Central Abbotsford Abbotsford V2S 2H2

$8,900,000
Land Commercial

Main Photo: 33790 ESSENDENE Avenue in Abbotsford: Central Abbotsford Land Commercial for sale : MLS®# C8030664
Photo 1: 33790 ESSENDENE Avenue in Abbotsford: Central Abbotsford Land Commercial for sale : MLS®# C8030664
Photo 2: 33790 ESSENDENE Avenue in Abbotsford: Central Abbotsford Land Commercial for sale : MLS®# C8030664
Photo 3: 33790 ESSENDENE Avenue in Abbotsford: Central Abbotsford Land Commercial for sale : MLS®# C8030664
Photo 4: 33790 ESSENDENE Avenue in Abbotsford: Central Abbotsford Land Commercial for sale : MLS®# C8030664
Photo 5: 33790 ESSENDENE Avenue in Abbotsford: Central Abbotsford Land Commercial for sale : MLS®# C8030664
Photo 6: 33790 ESSENDENE Avenue in Abbotsford: Central Abbotsford Land Commercial for sale : MLS®# C8030664
Photo 7: 33790 ESSENDENE Avenue in Abbotsford: Central Abbotsford Land Commercial for sale : MLS®# C8030664
Photo 8: 33790 ESSENDENE Avenue in Abbotsford: Central Abbotsford Land Commercial for sale : MLS®# C8030664
Photo 9: 33790 ESSENDENE Avenue in Abbotsford: Central Abbotsford Land Commercial for sale : MLS®# C8030664
Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8030664
Unique opportunity to acquire approximately 44,000 sq. ft of flat land located on two separate lots across from each other which are in the busy and high demand neighborhood of Historic Downtown Abbotsford and are within minutes of Trans-Canada HWY and a 10 minute drive from Sumas-Huntingdon Border Crossing. Location is prime! Historic Downtown Abbotsford is upgrading its look and amenities as per the approved OCP. This area attracts a lot of traffic due to the unique feel of the neighborhood and supporting businesses. With a development application in progress to build 35,563 ft of ground floor commercial space and 80 residential units this provides the perfect opportunity for a developer to invest and build. The Fraser Valley Inn which sits on one of the two lots also has an active liquor retail store which is operating and the license is included in the purchase price.
Sale Type:
Asset
Property Type:
Land Commercial
Construction:
Brick/Masonry, Wood Frame, Mixed
Land Use/Zoning:
C7
Taxes:
$51,301 / 2019
Services Connected:
Electricity, Natural Gas, Street Lighting, Sidewalk, City Water
Water Supply:
Municipal
Env Assmt Phase:
None
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Effective Gross Income:
Gross Income:
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Tot Gross Sales:
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Previous Price:
Original Price:
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Larger map options:
Listed by Coldwell Banker Prestige Realty
Data was last updated February 24, 2020 at 11:05 PM (UTC)
Bruce Long CCIM, FRI
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