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32995 1ST AVENUE, Mission BC V2V 1G1 - Photo 11 / 25

$1,795,000

32995 1ST AVENUE, Mission BC V2V 1G1

Commercial SaleMLS# C8077715

Building Size

5,072 sqft

Lot Size

4,791.6 sqft

Sub-type

Multi Family

Zoning

CH1

Description

Excellent investment opportunity to acquire a 15-unit multifamily building in a high-exposure location along 1st Avenue / Lougheed Highway in the growing City of Mission. This income-producing property features a well-balanced unit mix Of 4 studio suites, 10 one-bedroom suites, and 1 two-bedroom suite, with gross monthly revenue exceeding $14,800. Significant capital upgrades have been completed over the years, including roof replacement in 2019, hot water boiler system replacement in 2017, and PBX/ copper plumbing upgrades in 2015, along with updated light fixtures and appliances, helping support long-term value and operational stability. Ideally situated close to transit, shopping, and everyday amenities, the property benefits from strong tenant appeal in a convenient and accessible location. A compelling opportunity for investors seeking stable cash flow, upside potential, and long-term appreciation. Contact us for more information.

Location

32995 1ST AVENUE, Mission BC V2V 1G1

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MLS® data provided by the Fraser Valley Real Estate Board and Greater Vancouver REALTORS®. Not intended to solicit properties already listed.