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$ 5,750,000
Est. payment | /mo
1 Acres Lot
$ 5,750,000
Est. payment | /mo
1 Acres Lot
Key Details
Property Type Commercial
Sub Type Accommodation Travel & Tourism
Listing Status Active
Purchase Type Asset
MLS Listing ID C8070395
Lot Size 1.000 Acres
Property Sub-Type Accommodation Travel & Tourism
Property Description
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 W 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 23,620-square-foot 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 saturated 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 C-7
Exterior
Utilities Available Cable Connected, Electricity Connected, Fully Serviced, Natural Gas Connected, Phone Connected, Sidewalk
Building
Sewer Public Sewer, Storm Sewer
Water Public
Others
Ownership Freehold
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