5814 Riverside St - Storefront Retail/Office FOR SALE


Abbotsford, BC V4X 1T6
$1,600,000 CAD
778-800-6687
5814 Riverside St, Abbotsford, BC for Sale
$1,600,000 CAD
Storefront Retail/Office - FOR SALE
1/5
null | Request Cap Rate

5814 Riverside St
Abbotsford, BC V4X 1T6


OVERVIEW

Marcus & Millichap is pleased to offer the opportunity to purchase 5814 Riverside Street, located in Matsqui Village, between Mission and Abbotsford. Rare Opportunity With commercially zoned properties in historic Matsqui Village numbering in the single digits, this asset offers the purchaser a unique opportunity to establish a retail, restaurant or service business with potential to become a destination or community-hub. High Exposure This corner property is a focal point of the village’s “Main Street” and Abbotsford’s Traffic Data Program estimates exposure to roughly 4500 vehicles per day (VPD), with nearby Highway 11 seeing approximately 25,000 VPD. The property is also located next to the community’s premiere child-care facility, guaranteeing additional daily exposure. Capital Improvements Membrane roofing and foundation are less than 10-years old. Building and mechanical systems meticulously maintained.

FOR SALE DETAILS

PRICE

$1,600,000 CAD

PRICE/SF

$520 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

C-1

APN/PARCEL ID

009-097-660

ASK ABOUT THIS PROPERTY

Matthew Syberg-OlsenMarcus & MillichapMore Info
778-800-6687

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

Matthew Syberg-OlsenMarcus & MillichapMore Info
778-800-6687

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