Accommodation Travel and Tourism Businesses for Sale in BC

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2540 West Railway Street
Central Abbotsford Abbotsford V2S 2E4

$8,700,000
Business Opportunity

Main Photo: 2540 West Railway Street in Abbotsford: Central Abbotsford Business Opportunity for sale : MLS®# C8066740
Photo 1: 2540 West Railway Street in Abbotsford: Central Abbotsford Business Opportunity for sale : MLS®# C8066740
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Status:
Active
Prop. Type:
Business Opportunity
MLS® Num:
C8066740
Bus Major:
Travel
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.
Sale Type:
Asset
Property Type:
Business Opportunity
Commercial Type:
Accommodation Travel & Tourism
Business Type:
Travel
Living Area:
1.01 acre(s)
Title to Land:
Freehold
Lot Area:
1.08 acre(s)
Zoning:
Potential to Redevelop:
CHECK ZONING AND OCP DESIGNATION, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
Yes
Services Connected:
Cable Connected, Electricity Connected, Fully Serviced, Natural Gas Connected, Phone Connected, Sidewalk
Sewer:
Public Sewer, Storm Sewer
Parcel Number:
003435156
Taxes:
$56,440.06 / 2024
No
0.75%
Yes
No
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
CHECK ZONING AND OCP DESIGNATION, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Avison Young Commercial Real Estate Services, LP
Data was last updated April 4, 2025 at 03:40 AM (UTC)