Skip to content

Abbotsford commercial property trades for $3 million

Strategic location in developing area underpins value
2603-west-railway-street-abbotsford
Situated in the heart of Abbotsford's historic downtown, 2603 West Railway Street sold for $3 million on Oct. 1.

DEAL | A five-unit commercial property in the heart of historic downtown Abbotsford sold Oct. 1 for $3 million, just short of the asking price of $3.25 million. Built in 1950, the fully tenanted property offers good holding income in a strategic location. Zoned C-7, the property offers 5,800 square feet of space, with each unit offering an open plan receptive to a variety of uses. The listing agents George Richmond and Rebecca Macleod of Commercial Properties Group worked with the buyer’s agent Tony Nguyen of Sutton 1st West Realty to complete the deal.

PRICE | $3,000,000

FROM | George Richmond, Commercial Properties Group