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Court Ordered Sale 1,364 SF Retail/Office 32059 Hillcrest Av 1,364 SF 100% Leased Retail Building Abbotsford, BC V2T 1S3 $775,000 CAD ($568.18 CAD/SF)



Investment Highlights
- 593 SF Ground Floor Retail showroom
- Highly visible street front in central Abbotsford
- 771 SF Second Floor Office Area
- Ample Parking
Executive Summary
The property represents an opportunity to purchase a commercial strata unit in first phase of the Cedar Park Plaza. The subject unit has a total gross leasable area of 1,364 sq.ft., including 593 sq.ft. of ground loor commercial space and 771 sq.ft. of second floor office space. The property is zoned C5 and the City of Abbotsford designates the property as “Urban Centre.” The intent of this designation is to enable a mix of multifamily and commercial uses to strengthen existing hubs that serve a city-wide function. Buildings typically include a mix of retail and/or office space on lower floors and residential units on upper floors. Uses include multi unit residential, commercial and mixed use
(residential and commercial).
(residential and commercial).
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Bankruptcy Sale
Property Type
Building Size
1,364 SF
Year Built
2014
Price
$775,000 CAD
Price Per SF
$568.18 CAD
Percent Leased
100%
Building Height
2 Stories
Zoning
C5 - To accommodate a wide range of uses appropriate for the City Centre including retail, office, financial, service and residential uses.
Frontage
20’ on Hillcrest Avenue
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 7
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Court Ordered Sale 1,364 SF Retail/Office | 32059 Hillcrest Av
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