A multi-tenant industrial property in Abbotsford has sold for over $8.6 million, Avison Young tells Western Investor.
The industrial property has 30 units, sold for approximately $289,133 per unit. The 50,885-square-foot building is situated on a 3-arce lot. Avison Young represented the vendor and the purchaser in this off-market transaction.
The property is located at 34346 - 34386 Manufacturers Way, Abbotsford.
Breakdown:
Price: $8,674,000
No. of Units: 30
Price/Unit: $289,133
Lot Size: 3 acres
Property Type: Industrial
Zoning: I-2
City: Abbotsford
Province: B.C.
Name of Brokerage: Avison Young Commercial Real Estate
