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34595 2 Avenue
Poplar Abbotsford V2S 8B7

$949,888
Commercial Land

Main Photo: 34595 2 Avenue in Abbotsford: Poplar Commercial Land for sale : MLS®# C8063905
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Status:
Active
Prop. Type:
Commercial Land
MLS® Num:
C8063905
Attention investors! We have an exceptional investment property near the Sumas border, perfect for both business and personal use. Situated on a massive 8600+ sq ft lot with 2 road frontages, this 3 bedroom/1 bathroom rancher offers great access with ample parking. Currently zoned as C4 with city plans for conversion to C4 secondary commercial, presenting a multitude of business opportunities and a high exposure location. The home is fully tenanted for $2000/m on a m2m basis; choose one or more to suit your business size or to enhance your investment potential with monthly cash flow. Consider building a large shop with living/office space above; the options are limitless. Book your private showing today!
Sale Type:
Asset
Sublease:
Yes
Property Type:
Commercial Land
Construction:
Frame Wood
Year built:
1905 (Age: 120)
Living Area:
1,200 sq. ft.
Title to Land:
Freehold
Lot Area:
8,712 sq. ft.
Acres Freehold:
0 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
Yes
Services Connected:
Electricity Connected, Garbage Collection
Sewer:
Public Sewer
Parcel Number:
002422531
Taxes:
$2,641.89 / 2023
No
3.22% ON THE FIRST $100,000 AND 1.15% ON THE BALANCE & $5000
Water Supply:
Public
Water Rights:
No
Roof:
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by eXp Realty of Canada, Inc.
Data was last updated April 2, 2025 at 10:40 AM (UTC)