33780 ESSENDENE AVENUE
Abbotsford, British Columbia
MLS® C8079231
$2,410,000
- Status
- Active
- Property type
- Retail
- MLS® number
- C8079231
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 9Listing description
PRICED $563,000 BELOW 2026 BC ASSESSMENT! Exceptional opportunity to acquire a high-yield, fully stabilized freestanding commercial building in the heart of Historic Downtown Abbotsford. This standalone 4,690 sq.
ft. commercial retail property is 100% occupied by 3 premium local tenants under Net Leases, yielding a stable $112,847/yr NOI. Secure multi-year leases with built-in rent escalations guarantee immediate cash flow growth.
Impeccably managed with robust security deposits, this low-risk asset is an ideal turnkey acquisition for investors seeking protected yields in a high-demand corridor. Viewings strictly by appointment.
Property summary
- MLS® number
- C8079231
- Property type
- Retail
- Annual property taxes
- $33,295.18
- Days on market
- 89 days
What would this home cost you?
Based on the $2,410,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Grand Central Realty, Burnaby.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.