10
See all 10 photos
$8,700,000
Est. payment /mo
43,943 SqFt
Active
2540 WEST RAILWAY STREET Abbotsford, BC V2S 2E4
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UPDATED:
02/19/2025 10:40 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 43,943 sqft
Price per Sqft $197
Subdivision Central Abbotsford
MLS Listing ID C8066740
Annual Tax Amount $56,440
Tax Year 2024
Property Description
Avison Young is pleased to present a rare and exceptional opportunity to acquire the Fraser Valley Inn and Adjacent Parking Lot (the "property") through a court-ordered sale (33790 Essendene Avenue & 2540 West Railway Street, Abbotsford, BC). This offering includes a 28-key hotel, free of branding and management agreements, a high-value liquor license, and on-site amenities such as a 125-seat pub, restaurant, banquet hall, and a 23,620sqft parking lot. The parking lot not only provides ample guest parking, but also holds significant redevelopment potential. Centrally located in Abbotsford, the property is surrounded by numerous amenities, offers seamless access to Highway 1, and is conveniently situated just six kilometers from the Sumas Border Crossing into the United States. This court-ordered sale opportunity offers immense potential for revenue growth, future development, and branding and management opportunities.
Location
Province BC
Community Central Abbotsford
Area Abbotsford
Zoning British Columbia Default Zone
Region Fraser Valley
City Region Fraser Valley
Building
Dwelling Type Business with Property
Water Municipal
Listed by Avison Young Commercial Real Estate Services, LP