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Abbotsford commercial site sold for $1.76M

The four-unit building sold for above assessed value
abbotsford
 
A four-unit commercial building in Abbotsford has sold for $1.76 million, William Wright Commercial reports.
 
The investment property is 12,840 square feet, near Central Abbotsford, Poplar and Mill Lake communities. The property includes 17 parking stalls. The building has excellent tenants in place, currently rented for $67,000 per year, with one unit vacant. 
 
The property is located at 2296 McCallum Rd., Abbotsford. 
 

Breakdown: 

 
Price: $1,760,000
Lot Size: 13,840 SF
Property Type: Retail 
Zoning: C3
2017 B.C. Assessment Value: $1,689,000
Date of Sale: 07/20/2018
City: Abbotsford    
Province: B.C.  
Name of Brokerage: William Wright Commercial 
 

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