2294 Mckenzie Road, Central Abbotsford, Abbotsford
8 bed | 8 bath | $2,980,000
"About this Business in Central Abbotsford, Abbotsford"
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.
Listed by RE/MAX Magnolia/Royal LePage Little Oak Realty.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Paola Oliviero Real Estate for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. Trademark owned or controlled by The Canadian Real Estate Association. Used under license.
Property Features
- MLS® : R3162704
- Square Feet : 3,920 sqft
- Half Baths : 0
- Storeys : 1 storeys
- Type : Business
- Lot Size : 25,000 sqft
- Taxes : $13323.11
- Year Built : 1954
- Bedrooms : 8
- Frontage : 250.00 ft
- Parking : Garage Double, Front Access (6)
- Style : Other
- Bathrooms : 8
- Full Baths : 8
- Basement : None
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