Log In/Sign Up
Your email has been sent.
5814 Riverside St 3,075 SF Retail Building Abbotsford, BC V4X 1T6 $1,600,000 CAD ($520.33 CAD/SF)
Executive Summary
Marcus & Millichap is pleased to offer the opportunity to purchase 5814 Riverside Street, located in Matsqui Village, between Mission and Abbotsford.
Rare Opportunity
With commercially zoned properties in historic Matsqui Village numbering in the single digits, this asset offers the purchaser a unique opportunity to establish a retail, restaurant or service business with potential to become a destination or community-hub.
High Exposure
This corner property is a focal point of the village’s “Main Street” and Abbotsford’s Traffic Data Program estimates exposure to roughly 4500 vehicles per day (VPD), with nearby Highway 11 seeing approximately 25,000 VPD. The property is also located next to the community’s premiere child-care facility, guaranteeing additional daily exposure.
Capital Improvements
Membrane roofing and foundation are less than 10-years old. Building and mechanical systems meticulously maintained.
Rare Opportunity
With commercially zoned properties in historic Matsqui Village numbering in the single digits, this asset offers the purchaser a unique opportunity to establish a retail, restaurant or service business with potential to become a destination or community-hub.
High Exposure
This corner property is a focal point of the village’s “Main Street” and Abbotsford’s Traffic Data Program estimates exposure to roughly 4500 vehicles per day (VPD), with nearby Highway 11 seeing approximately 25,000 VPD. The property is also located next to the community’s premiere child-care facility, guaranteeing additional daily exposure.
Capital Improvements
Membrane roofing and foundation are less than 10-years old. Building and mechanical systems meticulously maintained.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,075 SF
Year Built
1949
Price
$1,600,000 CAD
Price Per SF
$520.33 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.47
Lot Size
0.15 AC
Zoning
C-1 - Commercial
Parking
8 Spaces (2.6 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Signage
Somewhat walkable
20/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
5814 Riverside St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.