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Home BC Abbotsford - Mission Abbotsford City Centre
32490 SIMON AVENUE
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32490 SIMON AVENUE $7,500,000
$7,500,000
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32490 SIMON AVENUE
Abbotsford, British Columbia V2T4J2

MLS® Number: C8064182

Listing Description

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. (35667427)

Property Summary

Property Type
Retail
Annual Property Taxes
$77,589.84
Time on REALTOR.ca
55 days
Data provided by: Fraser Valley Real Estate Board 15463 104th Avenue, Surrey, British Columbia V3R 1N9
Joey Yoo