Nearly 4.18 acres of industrial land in a new industrial subdivision in Abbotsford has sold for $4.93 million, Frontline Real Estate Services reports.
The properties are zoned for general industrial zone off Peardonville Road, with plans for industrial buildings measuring 34,993 square feet and 47,211 square feet. An end user who plans to build both a custom facility and a multi-tenant facility purchased the site. The facility will offer 5,500 to 30,000-square-foot units with dock and grade loading, for lease.
The properties are located at 2170, 2190, 30525, 30547, and 30561 Iron Mills Court, Abbotsford.
Breakdown:
Price: $4,932,900
Lot Size: 4.18 acres
Property Type: Industrial
Zoning: I2
City: Abbotsford
Province: B.C.
Name of Brokerage: Frontline Real Estate Services Ltd.
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