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2636-2642 CEDAR PARK PLACE, Abbotsford, British Columbia, V2T 3S5

MLS® # C8063952
Commercial For Sale In Clearbrook, Abbotsford, British Columbia
$7,490,000
2636-2642 Cedar Park Place, Abbotsford, BC
2636-2642 Cedar Park Place, Abbotsford, BC
2636-2642 Cedar Park Place, Abbotsford, BC
2636-2642 Cedar Park Place, Abbotsford, BC
2636-2642 Cedar Park Place, Abbotsford, BC
2636-2642 Cedar Park Place, Abbotsford, BC
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2636-2642 CEDAR PARK PLACE, Abbotsford, British Columbia, V2T 3S5
$7,490,000

Property Information:

THIS IS A FULLY LEASED WITH 10 SEPARATELY LEASED RETAIL. COMMERCIAL PROPERTY SITUATED IN THE HEART OF ABBOTSFORD.. IT IS LOCATED JUST TWO BLOCK FROM CITY HALL CORNER OF SOUTH FRASER WAY AD CEDAR PARK PLACE. ITS OVER 17000 SQ FT BUILDING SITUATED ON OVER 13000 SQ FT LOT AREA, ITS HIGH VISIBLE PROMINENT WITH LARGE FRONTAGE. THE PROPERTY HOLDS GREAT FUTURE POTENTIAL.. THERE ARE TWO ROOFS FOR THE BUILDING, THE UPPER ROOF IS ONE YEAR OLD & THE TOWER ROOF IS 5 YEAR.. DRAINAGE ON ROOF, AND MAIN DRAIN WATER LINE TO THE CITY LINE PIPES RECENTLY REPLACE.. MANY OF THE UNITS HAVE UNDERGONE RECENT RENOVATIONS, GOOD INCOME WITH LOTS OF POTENTIAL (id:27)

Property Features:

  • Property Type: Retail

Courtesy of: Jovi Realty Inc.

REALTOR.ca  

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Market Price Trends

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Location of 2636-2642 CEDAR PARK PLACE, Abbotsford, British Columbia, V2T 3S5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

24 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

24 hot days expected in 2050

37/100

Moderate-Low

ClimateCheck®

Current data

This property, 2636-2642 CEDAR PARK PLACE , experiences 7 hot days per year at around 29.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 24 hot days at 33.2 degrees Celsius.

Projected Avg. Temperature

Past
29.8℃
2050
33.2℃

# Hot Days Per Year

Past
7
2050
24

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

98/100

High

ClimateCheck®

Current data

This property, 2636-2642 CEDAR PARK PLACE , experiences 12 significant 2-day storms per year, with about 613.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 713.1mm of precipitation per year.

Precipitation Per Storm

Past
613.9mm
2050
713.1mm

48-Hour Storms Per Year

Past
12
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 2636-2642 CEDAR PARK PLACE, Abbotsford, British Columbia, V2T 3S5

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$96,840.21

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.21 %

High school certificate or equivalent

32.73 %

Apprenticeship trade certificate/diploma

8.17 %

College/non-university certificate

15.7 %

University certificate (below bachelor)

1.99 %

University Degree

14.19 %

Commuter

Travel To Work

By Car

93.49 %

By Public Transit

1.52 %

By Walking

3.17 %

By Bicycle

0.01 %

By Other Methods

1.81 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

80.63 %

Houses

19.37 %

Own Vs. Rent

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