33775 Essendene Av
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33775 Essendene Av
8,700 SF 100% Leased Retail Building Abbotsford, BC V2S 2H1 $3,832,833 USD ($441 USD/SF)
Executive Summary
Investment Opportunity in rejuvenated Downtown Abbotsford! This is a rare chance to purchase 2 neighboring buildings located on busy Essendene Avenue that are fully occupied with long term leases and solid tenants. 33775 Essendene Avenue is split between 2 tenants that have been long time fixtures in the downtown Abbotsford scene - Reddy Cakes Bakery and Palmer Law. 33779 Essendene Avenue is split between 3 tenants - Pinkies Nail Salon, Sugar'd (Wax Bar) & Jam Dance. Both buildings have recently had their exterior updated to reflect the ADBA requirements and in the alley behind, both buildings have had beautiful murals painted by local artists which is becoming a trending theme amongst property Owners. We ask that you do NOT contact any of the Tenants for further information, instead give us a call to receive a NDA and Data Room on this exciting real estate opportunity!
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
8,700 SF
Building Class
B
Year Built
1950
Price
$3,832,833 USD
Price Per SF
$441 USD
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.82
Lot Size
0.11 AC
Zoning
C7 - Historic Downtown Commercial Zone
Walk Score ®
Very Walkable (89)
Nearby Major Retailers
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33775 Essendene Av
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