33827 SOUTH FRASER WAY
Abbotsford, British Columbia
MLS® C8078618
$4,390,000
- Status
- Active
- Property type
- Retail
- MLS® number
- C8078618
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 18Listing description
Positioned along one of the Fraser Valley's most established commercial corridors, this fully tenanted multi-income property represents a rare opportunity to acquire a stabilized, income-producing asset with no repositioning required. With three independent income streams, a roster of professional tenants, and a comprehensive building renewal already behind it, this investment is structured for consistent, low-maintenance performance from the moment of acquisition. The building underwent a complete renovation in 2016-from the roof structure to the building envelope-ensuring that the major capital expenditure cycle has been addressed.
Investors will benefit from a modernized, well-maintained asset with a materially reduced risk of near-term capital outlays, allowing cash flow to remain predictable and undisturbed. The property is anchored by three fully occupied units, each leased to professional tenants whose established operations contribute to a diversified and resilient income base.
Property summary
- MLS® number
- C8078618
- Property type
- Retail
- Annual property taxes
- $32,605.42
- Days on market
- 115 days
What would this home cost you?
Based on the $4,390,000 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 RE/MAX Commercial Advantage, Vancouver.
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.