2294 MCKENZIE Road, Abbotsford, British Columbia V2S3Z8

Listing courtesy of RE/MAX Magnolia.

$2,980,000
8
BD
8
BA
3,920
SqFt

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List Price
$2,980,000
MLS®
R3162704
Days on Market
20
Status
ACTIVE
Type
Commercial
Subtype
Other
Bedrooms
8
Bathrooms
8
Living Area
3,920
Lot Size Dimensions
25000
Lot Size
25,000

Property Description

RARE INVESTMENT & DEVELOPMENT OPPORTUNITY! Situated on a 25,000 sq. ft. lot with approx. 250 ft. of frontage, this property offers income today with future upside. Currently improved with 8 one-bedroom rental units generating approx. $10,000/month gross income. A conceptual 6-lot subdivision and servicing plan has been prepared, offering exciting future development potential. Hold and collect revenue while exploring redevelopment possibilities. Buyer to verify development potential and requirements with the City of Abbotsford. (id:5764)

Additional Information

Ownership
Freehold
Garage
Yes
Parking Spaces
6
Country
Canada
Sewer
Sanitary sewer
Heating
Natural gas
Architectural Style
Other
Lot Size
25,000

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