- ©MLS C8078618
Description
Positioned along one of the Fraser Valley's most established commercial corridors, this fully tenanted multi-income property represents a rare opportunity to acquire a stabilized, income-producing asset with no repositioning required. With three independent income streams, a roster of professional tenants, and a comprehensive building renewal already behind it, this investment is structured for consistent, low-maintenance performance from the moment of acquisition. The building underwent a complete renovation in 2016-from the roof structure to the building envelope-ensuring that the major capital expenditure cycle has been addressed. Investors will benefit from a modernized, well-maintained asset with a materially reduced risk of near-term capital outlays, allowing cash flow to remain predictable and undisturbed. The property is anchored by three fully occupied units, each leased to professional tenants whose established operations contribute to a diversified and resilient income base. (id:48970) Show More
Details
- Property Type: Retail
Location
Similar Properties
For Sale
$ 495,000 $ 591 / Sq. Ft.
- R3126400 ©MLS
- 2 Bedroom
- 2 Bathroom
For Sale
$ 485,000 $ 590 / Sq. Ft.
- R3126410 ©MLS
- 2 Bedroom
- 2 Bathroom
For Sale
$ 389,000 $ 579 / Sq. Ft.
- R3126384 ©MLS
- 1 Bedroom
- 1 Bathroom
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association
Data provided by: Fraser Valley Real Estate Board