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2640 Gladys Avenue
Central Abbotsford Abbotsford V2S 3X7

$2,999,000
Commercial Land

Main Photo: 2640 Gladys Avenue in Abbotsford: Central Abbotsford Commercial Land for sale : MLS®# C8064085
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Status:
Active
Prop. Type:
Commercial Land
MLS® Num:
C8064085
This exceptional development site is being offered with an approved Development Permit and a Building Permit in progress. The property has plans for the construction of a 21-unit, 4-storey mixed-use building, consisting of 18 residential units and 4 retail units. A rare benefit to this opportunity is that development fees are reduced, as current fees have increased since the application was submitted. The buyer has the flexibility to pursue either a strata project or a rental development.
Sale Type:
Asset
Property Type:
Commercial Land
Title to Land:
Freehold
Lot Area:
8,712 sq. ft.
Acres Freehold:
8,712 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Services Connected:
Fully Serviced
Sewer:
Public Sewer
Parcel Number:
031321755
Taxes:
$18,042.99 / 2024
No
1%
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 RE/MAX Commercial Advantage
Data was last updated April 3, 2025 at 11:40 AM (UTC)

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