Share This Listing

Message

964 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

1965 Sumas Way 4,338 SF Retail Building Abbotsford, BC V2S 4L5 $4,660,000 CAD ($1,074.23 CAD/SF)

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • High exposure
  • Can be configured as restaurant + office/retail or two retail/office units
  • Ample parking

EXECUTIVE SUMMARY

Introducing an exceptional 4,660 SF freestanding commercial building along Abbotsford’s high-exposure Sumas Way corridor — ideal for medical, dental, daycare, wellness, professional office, or retail users. Minutes from Highway 1 and the Sumas Border Crossing, this property offers both strong existing utility and notable redevelopment options.
?? Redevelopment Options (Architectural Study)
Option 1 – Split Building into Two Units (Flexible Uses)
• Keep approx. 3,450 SF of the existing building
• Create approx. 1,500 SF of new street-front, demised space
• Can be configured as restaurant + office/retail or two retail/office units (no requirement to keep a restaurant use)
• Parking requirement: 16 stalls (restaurant/retail) + 5 stalls (office/retail)
Option 2 – New Building Addition (Max Lot Coverage Expansion)
• Expand the building behind or adjacent to the existing structure
• Maximum lot coverage of approx. 8,690 SF (50% of the site)
• Parking requirement: 27 stalls (based on general office at 1 stall per 323 SF)
Option 3 – Add a Second Storey
• Explore adding a full second floor
• Would require upgrades to 2024 BCBC, including seismic, accessibility, and mechanical relocation
• Significant opportunity to increase leasable area and long-term income potential
?? Property Highlights
• C3 – Community Commercial Zoning offering wide permitted-use flexibility
• 47 parking stalls (underground + surface)
• Clean Phase 2 Environmental Assessment completed June 2024
• Excellent visibility and access along one of Abbotsford’s busiest commercial routes
• Suitable for owner-occupiers, investors, and redevelopment-focused users

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,338 SF
Year Built
1990
Price
$4,660,000 CAD
Price Per SF
$1,074.23 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.48 AC
Parking
16 Spaces (3.69 Spaces per 1,000 SF Leased)
Frontage
74’ on Sumas Way

NEARBY MAJOR RETAILERS

Starbucks
CIBC
TD Canada Trust
Save-On-Foods
The Keg Steakhouse + Bar
No Frills
Tim Hortons
Cactus Club Cafe
Scotiabank
M&M Food Market
  • Listing ID: 39000525

  • Date on Market: 2026-01-07

  • Last Updated:

  • Address: 1965 Sumas Way, Abbotsford, BC V2S 4L5

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}