33790 Essendene Ave - Hospitality FOR SALE


Abbotsford, BC V2S 2H2
$4,900,000 CAD
778-653-6034
33790 Essendene Ave, Abbotsford, BC for Sale
$4,900,000 CAD
Hospitality - FOR SALE
1/10
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33790 Essendene Ave
Abbotsford, BC V2S 2H2


OVERVIEW

Avison Young is pleased to ANNOUNCE THE CONDUCT OF SALE HAS MOVED TO THE FIRST POSITION LENDER on this rare and exceptional opportunity to acquire the Fraser Valley Inn and Adjacent Parking Lot by way of a court-ordered sale. This offering includes a 28-key hotel, free of branding and management agreements, a high-value liquor license, a 125-seat pub, restaurant, banquet hall, and a 23,620-square-foot parking lot with development potential. The Properties are situated in a vibrant area surrounded by abundant amenities, boasting an impressive Walk Score of 89, seamless access to Highway 1 and is conveniently six kilometers from the Sumas Border Crossing to the U.S.A.

FOR SALE DETAILS

PRICE

$4,900,000 CAD

PRICE/SF

$204 CAD /SF

# OF ROOMS

28

PRICE/ROOM

$175,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fraser Valley Motor Inn

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1927

PARKING SPACES

17

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

C7

APN/PARCEL ID

003-435-156,016-811-941

ASK ABOUT THIS PROPERTY

Bijan LaljiAvison YoungMore Info
778-653-6034

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Bijan LaljiAvison YoungMore Info
778-653-6034

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