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33780 Essendene Avenue
Central Abbotsford Abbotsford V2S 2H2

$2,460,000
Retail

Status:
Active
Prop. Type:
Retail
MLS® Num:
C8079231
Build. Type:
Freestanding
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.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Retail
Commercial Type:
Retail
Construction:
Concrete Block, Brick/Masonry
Name of Complex/Subdivision:
Caps
Num Storeys:
1
Building Type:
Freestanding, Street-Level Storefront
Living Area:
4,690 sq. ft.
Class Of Space:
Class B
Lot Area:
6,969.6 sq. ft.
Road Surface:
Paved
Cooling:
Forced Air, Varies by Unit, Air Conditioning, HVAC System
Electricity:
Yes
Services Connected:
Electricity Connected, Fully Serviced, Garbage Collection, Natural Gas Connected, Sidewalk, Sanitary sewer at LotLine
Sewer:
Public Sewer, Storm Sewer
Parcel Number:
028404947
Taxes:
$33,295.18 / 2025
Paved Yard, Storage, Washrooms Female/Male
No
Security System
Water Supply:
Public
Water Rights:
No
Listed by Grand Central Realty
Data was last updated June 2, 2026 at 04:10 AM (UTC)

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Fraser Valley Commercial
Doug Neetz: 604-309-8315