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32059 Hillcrest Ave - Court Ordered Sale 1,364 SF Retail/Office 1,364 SF Retail Condo Unit Offered at $775,000 CAD in Abbotsford, BC V2T 1S3
Investment Highlights
- 771 SF Ground Floor Retail showroom
- Highly visible street front in central Abbotsford
- Frontage on Hillcrest Avenue.
- 593 SF Lower Floor Office Area
- Ample Parking available for tenants and visitors.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Sale Conditions | Bankruptcy Sale |
| Sale Type | Investment |
| Sale Conditions | Bankruptcy Sale |
Sale Notes
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 771 sq.ft. of ground floor commercial space and 593 sq.ft. of lower 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).
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 102 | 1,364 SF | Retail | $775,000 CAD ($568.18 CAD/SF) | - |
Unit 102
| Unit Size |
| 1,364 SF |
| Condo Use |
| Retail |
| Price |
| $775,000 CAD ($568.18 CAD/SF) |
| NOI |
| - |
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Unit 102
| Unit Size | 1,364 SF |
| Condo Use | Retail |
| Price | $775,000 CAD ($568.18 CAD/SF) |
| NOI | - |
| Sale Type | Investment |
| Sale Conditions | Bankruptcy Sale |
| Sale Notes | |
|
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 771 sq.ft. of ground floor commercial space and 593 sq.ft. of lower 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). |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 74,323 SF | Typical Floor Size | 15,306 SF |
| Property Type | Multifamily (Condo) | Year Built | 2016 |
| Property Subtype | Apartment | Lot Size | 2.00 AC |
| Building Class | B | Parking Ratio | 0.23/1,000 SF |
| Floors | 3 | ||
| Zoning | C5 - City Centre Commercial Zone | ||
| Total Building Size | 74,323 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 15,306 SF |
| Year Built | 2016 |
| Lot Size | 2.00 AC |
| Parking Ratio | 0.23/1,000 SF |
| Zoning | C5 - City Centre Commercial Zone |
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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32059 Hillcrest Ave - Court Ordered Sale 1,364 SF Retail/Office
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