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New property listed in Abbotsford

I have listed a new property at 2518 West Railway in Abbotsford.

The subject property is located along West Railway St. within the City of Abbotsford in the Fraser Valley Area.

The subject site is a long rectangular shaped lot, which is approx. 22,108 sq. ft. with approx. 326 ft. frontage and 69 ft. width. The building is single-storey concrete block constructed with a metal pitch roof.

The building size is approx. 9044 Sq. Ft., occupied by a single tenant, annual gross income is around $14,508 plus GST.

Currently under C-7 (Historic Downtown Commercial) zoning, which is intent to accommodate commercial and mixed-use development up to four storeys in height. Permitted uses include apartment, coffee shop, retail, and etc.

Good property for holding or for development.

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