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5157 RIVERSIDE Street
Central Abbotsford Abbotsford V4X 1X9

$4,999,000
Land Commercial

Main Photo: 5157 RIVERSIDE Street in Abbotsford: Central Abbotsford Land Commercial for sale : MLS®# C8051296
Photo 1: 5157 RIVERSIDE Street in Abbotsford: Central Abbotsford Land Commercial for sale : MLS®# C8051296
Photo 2: 5157 RIVERSIDE Street in Abbotsford: Central Abbotsford Land Commercial for sale : MLS®# C8051296
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Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8051296
37 acres of prime Agricultural land close to town. Flat and fertile soil to be worked for any of your ventures you have in mind. Matsqui is known for it's great soil for crops. No streams on this property to hinder the use, however, there's conveniently a ditch at the back of the property which the city controls the water height on so that it can be used for irrigation. No fill ever came on to this property to worry about, just some good manure to enrich the soil quality. Easy to access the property from the road. City water & gas etc at lot line. This location gives easy access to Hwy 11 (Abby - Mission) & Hwy 1. There is so much value in a property like this, not just today but there will always be value here. Last I looked, they're not making more acreage like this in the Fraser Valley.
Sale Type:
Asset
Sublease:
Yes
Name of Complex/Subdivision:
# Other Units:
Lot Area:
3.71 acre(s)
Land Use/Zoning:
A2
Permitted Use:
Other
Taxes:
$4,671.16 / 2022
Services Connected:
Electricity at Lot Line, Natural Gas at Lot Line, Sanitary sewer at Lot Line
Water Supply:
Municipal
Roof:
Sewer Septic:
None
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
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Listed by Sutton Group-West Coast Realty (Abbotsford)
Data was last updated June 10, 2023 at 12:10 PM (UTC)
Bruce Long CCIM, FRI, PREC
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