2640 Cedar Park Pl - Freestanding FOR SALE


Abbotsford, BC V2T 3S5
$7,490,000 CAD
604-377-2854
2640 Cedar Park Pl, Abbotsford, BC for Sale
$7,490,000 CAD
Freestanding - FOR SALE
1/8
null | 3.81% Cap Rate

2640 Cedar Park Pl
Abbotsford, BC V2T 3S5


HIGHLIGHTS

  • THIS IS A FULLY LEASED WITH 10 SEPARATELY LEASED RETAIL.
  • COMMERCIAL PROPERTY SITUATED IN THE HEART OF ABBOTSFORD
  • ITS OVER 17000 SQ FT BUILDING

OVERVIEW

THIS IS A FULLY LEASED WITH 10 SEPARATELY LEASED RETAIL. COMMERCIAL PROPERTY SITUATED IN THE HEART OF ABBOTSFORD.. IT IS LOCATED JUST TWO BLOCK FROM CITY HALL CORNER OF SOUTH FRASER WAY AD CEDAR PARK PLACE. ITS OVER 17000 SQ FT BUILDING SITUATED ON OVER 13000 SQ FT LOT AREA, ITS HIGH VISIBLE PROMINENT WITH LARGE FRONTAGE. THE PROPERTY HOLDS GREAT FUTURE POTENTIAL.. THERE ARE TWO ROOFS FOR THE BUILDING, THE UPPER ROOF IS ONE YEAR OLD & THE TOWER ROOF IS 5 YEAR.. DRAINAGE ON ROOF, AND MAIN DRAIN WATER LINE TO THE CITY LINE PIPES RECENTLY REPLACE.. MANY OF THE UNITS HAVE UNDERGONE RECENT RENOVATIONS, GOOD INCOME WITH LOTS OF POTENTIAL

FOR SALE DETAILS

PRICE

$7,490,000 CAD

PRICE/SF

$441 CAD /SF

CAP RATE

3.81%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

C5

APN/PARCEL ID

007-053-193,009-034-269

ASK ABOUT THIS PROPERTY

Harminder PattarAmex-Fraseridge RealtyMore Info
604-377-2854

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Harminder PattarAmex-Fraseridge RealtyMore Info
604-377-2854

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.