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Abbotsford warehouses sold for $3.6M

The properties have a combined assessed value of just $631K
abby land
 
Four service commercial properties in Abbotsford have sold for $3.6 million, Frontline Real Estate Services tells Western Investor
 
The properties include three tenanted, freestanding buildings with excellent Highway 1 exposure in the Clearbrook area. The properties are on lease to a single tenant, Pinnacle West Inc., until 2022. The buildings are zoned for service commercial use. The site was listed for $1.2 million with an assessed value of $631,400. Todd Bohn of Frontline Real Estate brokered the sale to self-represented buyers. 
 
The properties are located at 31897 and 31899 Mercantile Way, Abbotsford. 
 

Breakdown: 

 
Price: $3,600,000
Lot Size: 11,350 SF
Property Type: Industrial 
Zoning: C4
2016 B.C. Assessment Value: $631,400
Date of Sale: 07/19/2017
City: Abbotsford
Province: B.C. 
Name of Brokerage: Frontline Real Estate Services Ltd. 
 
 

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