Contacts
Avison Young
Avison Young
Avison Young - Vancouver
Avison Young
Property Details
- Property Type Other
- Additional Rent Contact for pricing
- Date Updated Dec 14, 2024
This rare opportunity provides flexibility by offering a wide range of development projects that can be built on this site in one of the most sought after neighborhoods in Abbotsford. Additionally, the on-site properties provide ample holding income with further upside on the in-place rents to reduce the overall cost as the purchaser prepares for their development.
The three properties are situated on a combined 32,655 sf total land parcel with access from Mayfair Avenue. The site is identified as part of the community plan proposed for Urban 1 Mid-rise, allowing for immediate development consisting of upwards of six storeys and up to a 2.5 FSR, providing excellent development potential.
Reach out to the broker for more info on lease terms and amenities
Highlights
- NO RESTRICTIONS
- There is no rental replacement required based on the zoning. Developers can build condo or purpose built rental at their discretion.
- PRIME ABBOTSFORD LOCATION
- Properties are fronting Mayfair Avenue and located in the Marshall-McCallum neighbourhood. The portfolio is situated within close proximity to Highway 1 and first class amenities including shopping centers, parks, hospitals and schools.
- HOLDING INCOME
- All three properties are rented out to quality tenants providing holding income in preparation for a development.
- IDEAL DEVELOPMENT SITE
- The property features an attractive land size situated on a flat lot with mountain views to the North.
- CLEAR TITLE
- Purchasers can expect clear title upon closing.
Getting around
-
70/100
Walk Score ®
-
58/100
Transit Score ®
-
61/100
Bike Score ®
Location
- City Abbotsford, BC
- Neighborhood Mill Lake
- Postal Code 215
Points of Interest
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Abbotsford
5.39 miles
-
Mission City
6.50 miles
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Canco
0.13 miles
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Shell
0.15 miles
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Esso
0.25 miles
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Chevron
0.27 miles
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FLO
0.33 miles
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Petro-Canada
0.38 miles
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Hub Motor Service
0.73 miles
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ChargePoint
0.87 miles
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Superior Propane
0.95 miles
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GE
1.17 miles
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Visitor Parking
0.22 miles
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Staff Parking
0.48 miles
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McCallum Road Park and Ride
0.55 miles
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BD Diesel - Lot #1950
0.57 miles
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All Day Free Parking
0.60 miles
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Impark
0.66 miles
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NOFEM Paid Parking
0.67 miles
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3 Hour Free Parking
0.73 miles
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Baker House
1.09 miles
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Super 8 by Wyndham Abbotsford BC
1.25 miles
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The Coast Abbotsford Hotel & Suites
1.26 miles
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Travelodge by Wyndham Abbotsford Bakerview
1.29 miles
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Sandman Hotel & Suites Abbotsford
1.29 miles
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Best Western Plus Regency Inn & Conference Centre
1.73 miles
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Alpine Inn
1.74 miles
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Abbotsford Hotel
1.93 miles
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Clarion Hotel & Conference Centre
3.14 miles
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Deer Trail Guest House
3.39 miles
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Onyx Plaza
0.19 miles
-
Newgen Professional Centre
0.20 miles
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McCallum Centre Mall
0.34 miles
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McCallum Junction
0.37 miles
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Dragon Fort Centre
0.45 miles
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Five Corners
0.60 miles
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South Fraser Plaza
0.61 miles
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College Park Centre
0.66 miles
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Abbotsford Centre Mall
0.68 miles
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M-L Plaza
0.68 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
