Abbotsford industrial building sold for $4.8M

The building sold for more than double its assessed value

By
for Western Investor
May 22, 2019





fraser hwy
 
An industrial building in Abbotsford has sold in just seven days for $4.8 million, William Wright Commercial reports. 
 
The 7,035-square-foot building is situated on a 36,337-square-foot lot. The building is complete with five grade-level loading doors, with second floor office space and yard space. The building was constructed in 2013 and is currently used as a truck and trailer repair shop.
 
The property is located at 28739 Fraser Hwy, Abbotsford. 
 

Breakdown: 

 
Price: $4,800,000
Lot Size: 36,337 SF 
Property Type: Industrial  
Zoning: I2
2018 B.C. Assessment Value: $1,575,000
City: Abbotsford 
Province: B.C. 
Name of Brokerage: William Wright Commercial 
 
 

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Cory specializes in the acquisition and sale of commercial investment properties in Metro Vancouver, the Fraser Valley and Chilliwack market.

William Wright Commercial
430-605 Robson Street
Vancouver, BC V6B 5J3
Office: 604-428-5255

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