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A5 33733 KING ROAD Abbotsford, BC V2S 7M9
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Key Details
Sold Price $845,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,026 sqft
Price per Sqft $417
Subdivision Poplar
MLS Listing ID C8052097
Annual Tax Amount $4,945
Tax Year 2022
Property Description
CBRE Limited is pleased to present the opportunity to acquire two industrial strata units across from the Abbotsford Centre within the redeveloping UDistrict Neighborhood Plan. King Business Park is home to 24 strata units all well maintained including ample parking area, flexible zoning and strata bylaws, and long standing tenants. Each unit is 2,026 SF of ground floor warehouse space and zoned I-2 General Industrial which allows a wide range of industrial and light commercial uses. The total size of the strata complex is 2.74 acres and is designated for Urban Midrise within the UDistrict plan allowing 4-8 storey residential development depending on parking configurations. Poses a great opportunity for industrial uses in the near future with the long-term potential for redevelopment.
Location
Province BC
Community Poplar
Area Abbotsford
Zoning British Columbia Default Zone
Building
Structure Type Concrete Block
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