2640 Cedar Park Pl - Freestanding FOR SALE


Abbotsford, BC V2T 3S5
$5,990,000 CAD
778-321-8880
2640 Cedar Park Pl, Abbotsford, BC for Sale
$5,990,000 CAD
Freestanding - FOR SALE
1/5
null | 5.83% Cap Rate

2640 Cedar Park Pl
Abbotsford, BC V2T 3S5


HIGHLIGHTS

  • ?? High occupancy with reliable rental income
  • ?? Well-maintained multi-tenant asset
  • ?? Proven location with strong surrounding growth
  • ?? Low vacancy risk and durable tenant mix
  • ?? Ideal for investors seeking steady, long-term returns
  • A turnkey addition to any portfolio focused on security, stability, and appreciation in the Fraser Valley market.

OVERVIEW

Prime C-5 zoned commercial investment property located at the high-exposure corner of SOUTH FRASER HIGHWAY and CEDAR PARK PLACE in Abbotsford. Situated within a busy strip mall with strong visibility and excellent accessibility, this property benefits from versatile zoning allowing for a wide range of commercial uses. The combined civic addresses 2636 & 2640 Cedar Park Place offer approximately 16,967 sq. ft. of building area, making it an ideal long-term holding asset with strong NET INCOME OF 330K-350K annually.

FOR SALE DETAILS

PRICE

$5,990,000 CAD

PRICE/SF

$353 CAD /SF

CAP RATE

5.83%

% 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

Harman TuhanStonehaus Realty CorpMore Info
778-321-8880

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Harman TuhanStonehaus Realty CorpMore Info
778-321-8880

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