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Fully leased Abbotsford office block sold for $4.8M

Seven-year-old property anchors city's historic district
Fully leased, Abbotsford's eight-year-old Flatiron Building sold Jan. 31 for $4.8 million.

DEAL | Abbotsford’s Flatiron Building sold Jan. 31 for $4.8 million. The fully leased six-unit office block was built in 2016 and anchors the city’s quickly developing historic downtown. Offering 13,238 square feet of space on a 0.12-acre lot with C7 zoning, the well-maintained property is fully tenanted with long-term leases in place and escalating rents. A private investor bought the property from the developer.

PRICE | $4,800,000

FROM | Jamie Schreder, Royal LePage Wolstencroft