33386 S Fraser Way - Freestanding FOR SALE


Abbotsford, BC V2S 2B5
$6,250,000 CAD
236-233-4134
33386 S Fraser Way, Abbotsford, BC for Sale
$6,250,000 CAD
Freestanding - FOR SALE
1/38
null | 4.05% Cap Rate

33386 S Fraser Way
Abbotsford, BC V2S 2B5


OVERVIEW

A rare chance to acquire a highly visible and versatile commercial asset in one of Abbotsford’s busiest corridors. 14,410 SF impeccably maintained 2-storey building with 1 level parkade on 0.42 acres of prominent future development land. Multi-tenant income with immediate cash flow and longer-term upside potential in renewals. Unbeatable Exposure – High traffic corridor with excellent visibility. Zoning Flexibility – C5 allows a broad range of commercial uses. Strategic Growth Area – 5 Minutes from Hwy 1, minutes to downtown Abbotsford, and easy access to multiple retail hubs. Affluent Demographics – Avg. household income exceeds $100,000 within surrounding 5 km. 33376 South Fraser Way is For Sale in conjunction with 33386 South Fraser Way, which guarantees access. If preferred, Owners are willing to discuss registering a cross-access easement. This property offers strong holding income with multiple strong leases in place with A+ tenant profiles. Roof replaced in 2018, with significant renovations completed inside over the past years, to upgrade the boardrooms, offices, kitchens and more. Class A quality. The long-term redevelopment upside makes this an ideal asset for investors seeking stable returns, maximum exposure, accessibility, and growth potential. Perfect for investors seeking immediate returns and a quality asset for the portfolio. Call now to book your private tour!

FOR SALE DETAILS

PRICE

$6,250,000 CAD

PRICE/SF

$454 CAD /SF

CAP RATE

4.05%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heritage Point

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

C5

APN/PARCEL ID

005-572-011

ASK ABOUT THIS PROPERTY

Wells MaceyMomentum Realty Inc.More Info
236-233-4134

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Wells MaceyMomentum Realty Inc.More Info
236-233-4134

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