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32383 DOWNES Road
Matsqui Abbotsford V4X 1X3

$12,500,000
Land Commercial, Multi-Family Commercial

Main Photo: 32383 DOWNES Road in Abbotsford: Matsqui Land Commercial for sale : MLS®# C8057312
Photo 1: 32383 DOWNES Road in Abbotsford: Matsqui Land Commercial for sale : MLS®# C8057312
Photo 2: 32383 DOWNES Road in Abbotsford: Matsqui Land Commercial for sale : MLS®# C8057312
Photo 3: 32383 DOWNES Road in Abbotsford: Matsqui Land Commercial for sale : MLS®# C8057312
Photo 4: 32383 DOWNES Road in Abbotsford: Matsqui Land Commercial for sale : MLS®# C8057312
Photo 5: 32383 DOWNES Road in Abbotsford: Matsqui Land Commercial for sale : MLS®# C8057312
Photo 6: 32383 DOWNES Road in Abbotsford: Matsqui Land Commercial for sale : MLS®# C8057312
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8057312
Prime 23.65 acres in the heart of Abbotsford. Out of the ALR and prime for development. Currently zoned CR (5 acre) but the City will support 1 acre and may look at higher densities for the property, possibly smaller lots, multi family or school/assembly use. Minutes to the city center, this property has location, services at property line, views and proximity to schools and shopping. The land is rolling with a large ravine running through it. There are a couple of creeks and wetlands on the property. Large barn/out building and an older comfortable home. Was an old dairy farm back in the day. Currently a beef farm.
Sale Type:
Asset
Name of Complex/Subdivision:
# Other Units:
Year built:
999 (Age: 1,025)
Main Floor Area:
2,688 sq. ft.
Lot Area:
23.65 acre(s)
Acres Freehold:
23.65 acre(s)
Lot Depth:
765
Lot Frontage:
1344'
Land Use/Zoning:
CR
Permitted Use:
Agricultural, Residential
Taxes:
$914.16 / 2023
Services Connected:
Electricity, Garbage Collection, Natural Gas, Telephone, Septic System, Sanitary sewer at Lot Line, City Water at Lot Line
Water Supply:
Drilled Well
Water Rights:
No
Roof:
Sewer Septic:
Septic Tank & Field
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:
  • Photo 1: 32383 DOWNES Road in Abbotsford: Matsqui Land Commercial for sale : MLS®# C8057312
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Listed by Sutton Group-West Coast Realty (Abbotsford)
Data was last updated October 6, 2024 at 01:10 PM (UTC)
Bruce Long CCIM, FRI, PREC
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