Vancouver commercial properties for sale - retail

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33790 Essendene Avenue
Central Abbotsford Abbotsford V2S 2H2

$5,750,000
Business with Property, Land Commercial

Status:
Active
Prop. Type:
Business with Property, Land Commercial
MLS® Num:
C8070395
Bus Major:
Travel
Pleased to present a rare and exceptional opportunity to acquire the Fraser Valley Inn and Adjacent Parking Lot (the "Property") through a court-ordered sale (33790 Essendene Avenue & 2540 W Railway Street, Abbotsford, BC). This offering includes a 28-key hotel, free of branding and management agreements, a high-value liquor license, and on-site amenities such as a 125-seat pub, restaurant, banquet hall, and a 23,620-square-foot parking lot. The parking lot not only provides ample guest parking but also holds significant redevelopment potential. Centrally located in Abbotsford, the Property is surrounded by numerous amenities, offers seamless access to Highway 1, and is conveniently saturated just six kilometers from the Sumas Border Crossing into the United States. This court-ordered sale opportunity offers immense potential for revenue growth, future development, and branding and management opportunities.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Business with Property, Land Commercial
Commercial Type:
Accommodation Travel & Tourism
Business Type:
Travel, Hotel/Motel
Name of Complex/Subdivision:
Fraser Valley Inn
Lot Area:
43,560 sq. ft.
Zoning:
Potential to Redevelop:
Check zoning and OCP designation, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
Yes
Services Connected:
Cable Connected, Electricity Connected, Fully Serviced, Natural Gas Connected, Phone Connected, Sidewalk
Sewer:
Public Sewer, Storm Sewer
Parcel Number:
016811941
Taxes:
$56,440.06 / 2024
No
Yes
No
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Check zoning and OCP designation, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
Listed by Avison Young Commercial Real Estate Services, LP
Data was last updated June 28, 2025 at 01:40 PM (UTC)