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Steve and Blondie Keresztvey Prec*
Coldwell Banker Executives Realty
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33780 Essendene Avenue
Central Abbotsford Abbotsford V2S 2H2

$2,460,000
Retail

Status:
Active
Prop. Type:
Retail
MLS® Num:
C8079231
Build. Type:
Freestanding
Unbelievable investment value in the heart of historic downtown Abbotsford! Priced an exceptional $563,000 BELOW the 2026 BC Assessment value ($3,023,000 assessment vs. $2,460,000 list price), this standalone, single-titled commercial retail property features a beautifully maintained 4,690 sq. ft. multi-tenant footprint backed by a highly stabilized financial foundation. The building is 100% occupied under Net Lease structures by three premium local tenants, yielding a reliable net operating income (NOI) of $112,847 per year. The asset boasts secure multi-year horizons with staggered lease expirations and built-in rental escalations that guarantee immediate cash flow growth. Impeccably managed with robust tenant security deposits in place, this low-risk property represents an ideal acquisition for private investors or institutional portfolios seeking immediate equity and protected yields in a high-demand commercial corridor. Viewings strictly by appointment.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Retail
Commercial Type:
Retail
Construction:
Concrete Block, Brick/Masonry
Name of Complex/Subdivision:
Caps
Num Storeys:
1
Building Type:
Freestanding, Street-Level Storefront
Living Area:
4,690 sq. ft.
Class Of Space:
Class B
Lot Area:
6,969.6 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Cooling:
Forced Air, Varies by Unit, Air Conditioning, HVAC System
Electricity:
Yes
Services Connected:
Electricity Connected, Fully Serviced, Garbage Collection, Natural Gas Connected, Sidewalk, Sanitary sewer at LotLine
Sewer:
Public Sewer, Storm Sewer
Parcel Number:
028404947
Taxes:
$33,295.18 / 2025
Paved Yard, Storage, Washrooms Female/Male
No
Security System
Water Supply:
Public
Water Rights:
No
Roof:
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Grand Central Realty
Data was last updated June 2, 2026 at 12:35 AM (UTC)
Steve Keresztvey
Blondie Keresztvey
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.