33780 ESSENDENE AVENUE — Abbotsford, British Columbia

Unbelievable investment value in the heart of historic downtown Abbotsford! Priced an exceptional $563,000 BELOW the 2026 BC Assessment value ($3,023,000 assessment vs. $2,460,000 list price), this standalone, single-titled commercial retail property features a beautifully maintained 4,690 sq. ft. multi-tenant footprint backed by a highly stabilized financial foundation. The building is 100% occupied under Net Lease structures by three premium local tenants, yielding a reliable net operating income (NOI) of $112,847 per year. The asset boasts secure multi-year horizons with staggered lease expirations and built-in rental escalations that guarantee immediate cash flow growth. Impeccably managed with robust tenant security deposits in place, this low-risk property represents an ideal acquisition for private investors or institutional portfolios seeking immediate equity and protected yields in a high-demand commercial corridor. Viewings strictly by appointment. (id:63357)