32490 SIMON Avenue – Abbotsford (MLS®# C8064182)

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32490 SIMON Avenue
Abbotsford West Abbotsford V2T 4J2

$6,800,000
Land Commercial, Retail

Main Photo: 32490 SIMON Avenue - Abbotsford (MLS®# C8064182)
Photo 1: 32490 SIMON Avenue - Abbotsford (MLS®# C8064182)
Photo 2: 32490 SIMON Avenue - Abbotsford (MLS®# C8064182)
Status:
Active
Prop. Type:
Land Commercial, Retail
MLS® Num:
C8064182
A rare opportunity to acquire a 1.35 acre site in City Centre Abbotsford that lends itself to both multifamily development, and/or an owner/user opportunity with the existing improvements of 15,600 SF. 2019 City Centre Abbotsford Neighborhood Plan Designates the property as City Centre Residential which allows for a base density of 2.75 FSR with bonus density of up to 2.25 FSR. Current NOI of $168,985. Current tenant's expiry is April 30, 2029 with no renewal options. Please call for guidance on buildable area.
Sale Type:
Asset
Total Floor Area:
15,600 sq. ft.
Lot Area:
1.35 acre(s)
Land Use/Zoning:
C4
Taxes:
$77,589.84 / 2024
  • Photo 1: 32490 SIMON Avenue - Abbotsford (MLS®# C8064182)
    Photo 1 of 2
  • Photo 2: 32490 SIMON Avenue - Abbotsford (MLS®# C8064182)
    Photo 2 of 2
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Listed by Marcus & Millichap
Data was last updated February 22, 2025 at 12:10 PM (UTC)
Rod Friesen & Associates
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