for sale - investment property€¦ · property summary charles d. wiebe, cips, e. tech prec -...
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FOR SALE -INVESTMENTPROPERTY
LIST PRICE: $1,950,000
ENVIRONMENTAL: PHASE 1 COMPLETE
LEASEABLE AREA 9,222 SF
LOT SIZE: 4,699 SF
PARKING: STREET LEVEL
YEAR BUILT: 1950
CAP RATE: APPROX 5.25%
ZONING: C7 - HISTORIC DOWNTOWN
CURRENT USE COFFEE SHOP & LAW
OFFICE
TAXES $18,492.19 (2019)
APPROX 2020 NOI $103,000
PROPERTY SUMMARY
CHARLES D. WIEBE, CIPS, E. TECH PREC - Commercial REALTOR778-549-8555 (Mobile)[email protected]
MARTY PETERS, CIPS PREC - Commercial REALTOR 604-308-2931 (Mobile) [email protected] www.cdwandassociates.com
RE/MAX LITTLE OAK REALTY (FORT LANGLEY) #120, 9220 Glover RoadFort Langley, BC V1M 2S2604-888-2475 (Office)
FOR SALE | INVESTMENT PROPERTY | 33775 ESSENDENE AVE.
CHARLES D. WIEBE, CIPS, E. TECH PREC - Commercial REALTOR778-549-8555 (Mobile)[email protected]
MARTY PETERS, CIPS PREC - Commercial REALTOR 604-308-2931 (Mobile)[email protected]
RE/MAX LITTLE OAK REALTY (FORT LANGLEY) #120, 9220 Glover RoadFort Langley, BC V1M 2S2604-888-2475 (Office)
FOR SALE - INVESTMENT PROPERTY33775 Essendene Ave. | Abbotsford, BC
If you're looking for an investment property in the heart of Abbotsford's downtown core, than this building is it! Located right in the center of this historic community, on busy Essendene Ave, this street level storefront building has nearly 8700 SF of space, separated in to 2 units. Both unitsare now fully tenanted with 5 year lease terms and the investment offers a 5.25% approximate Cap Rate. Plus the downtown area continues to grow and be rejuvenated with new ideas and entrepreneurs, this property will only keepbenefiting from what's to come.
RE/MAX LITTLE OAK REALTY (FORT LANGLEY) #120, 9220 Glover RoadFort Langley, BC V1M 2S2
DRIVE TIMES• Vancouver - 60 Minutes • YVR - 68 Minutes• Langley - 33 Minutes• Chilliwack - 28 Minutes• Sumas Border - 12 Minutes
ADDITIONAL FEATURES• Central Abbotsford Location• Minutes from Highway 1• Current Owner is staying on as
strong tenant