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33723A King Rd 12,297 SF 50% Leased Industrial Building Abbotsford, BC V2S 7M9 $3,932,349 USD ($319.78 USD/SF)
Investment Highlights
- Recently upgraded with new roof, fascia, and exterior paint in 2023
- 18'5" clear height in warehouse; mezzanine removable for added volume
- Exceptional access to Highway 1, U.S. border, and Abbotsford Airport
- Flexible layout with retail/showroom front and warehouse rear
- Zoned I2 with Urban 1 – Midrise redevelopment potential
- Vendor open to leaseback for immediate income generation
Executive Summary
Opportunity to acquire a 2 unit 12,297 SF standalone industrial building just off of McCallum Road and Highway 1. The building offers a retail/office/showroom component at the front with warehouse in the rear. Existing mezzanine space could be removed to increase the maximum clear height in the warehouse portion. The building was upgraded in 2023 with a new roof, fascia, and paint. Ample parking is available along with 12' grade loading doors in the rear. The property is zoned 12 - General Industrial and located in a 4 lot nonconforming bare land strata. The building is currently demised (one currently leased) as 2 units but the building can be reconfigured to accommodate between 1 to 3 separate units. All units would have their own electrical panel and entrance.
Property Facts
| Price | $3,932,349 USD | Lot Size | 0.65 AC |
| Price Per SF | $319.78 USD | Rentable Building Area | 12,297 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Industrial | Year Built | 1989 |
| Property Subtype | Manufacturing | Parking Ratio | 0.81/1,000 SF |
| Building Class | B | ||
| Zoning | I2 - I2 - General Industrial future zoning designation; Urabn 1- midrise | ||
| Price | $3,932,349 USD |
| Price Per SF | $319.78 USD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 0.65 AC |
| Rentable Building Area | 12,297 SF |
| No. Stories | 2 |
| Year Built | 1989 |
| Parking Ratio | 0.81/1,000 SF |
| Zoning | I2 - I2 - General Industrial future zoning designation; Urabn 1- midrise |
Amenities
- 24 Hour Access
- Bus Line
- Security System
- Signage
- Air Conditioning
- Smoke Detector
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
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33723A King Rd
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