Located in the heart of the McCallum Corridor, the Chiropractic Arts Building is just minutes
away to both the Hwy 1 Interchange and historic Downtown Abbotsford. The McCallum Business
Corridor is home to some of the city’s top medical, legal, and financial offices, as well as the city’s
most prestigious restaurants and spas. The Chiropractic Arts Building is well-positioned as a
premium addition to your real estate portfolio.
• Located in the McCallum Business Corridor
• Average daily traffic counts of over 36,000
• 19 parking spaces on the property
• 22 additional parking spaces secured for tenants/staff on adjacent church parking lot
• Year built – 1972 - 1973
• Lot Size – 15,276 square feet.
• Building Size - 11,424 square feet
This iconic, well maintained, well located and well occupied office building features stable tenants
with upside potential as the current rents are below market, and the city’s OCP envisions future
densification, for potential future redevelopment options. All these are the hallmark of a desirable
investment. Strategically located along the McCallum professional corridor, and just 2 minutes
away from Hwy 1, the property has superb visibility, easy access, egress and abundant visitor
Recent capital improvements to the building’s exterior, roof and HVAC Systems ensures ease of
operation and competitive recovery charges. The building has two stories plus basement storage.
The smaller office unit footprints are attractive to a wide variety of tenants, including medical and
professional uses, providing the widest possible leasing market.
The office rentals are 100% occupied with the vast majority being long term tenants and leases.
The basement storage is 30% occupied. The Seller will guarantee the remaining 60% basement
storage (2016 square feet) at $10.00 per square foot for 18 months, resulting in an annual NOI of $147,397.00.
Bona fide written Offers in excess of $3,000,000 will be accepted prior to March 10, 2020.
The People and the Community
Abbotsford is a city located in British Columbia, adjacent to the Canada–United States border,
Greater Vancouver and the Fraser River. With an estimated population of 151,923 people, an
increase of 1.4% of since the 2016 census reporting a population of 149,768, it is the largest
municipality in the province outside Metro Vancouver. It is also the largest municipality of the
Fraser Valley Regional District and the fifth-largest municipality of British Columbia.
The median age of the Abbotsford resident is 39 years of age, and the median family income
is $88,397 per year. Comparably, the average detached house value is currently $765,000,
making the city an attractive and affordable city for young families and those with plans to start
The community of Abbotsford is 375.55 square kilometres (145.00 square miles) and is the largest city
by area in British Columbia. The municipality’s southern boundary is the Canada–United States
border. In Canada, it is bordered by the Township of Langley to the west, the District of Mission
to the north, and the City of Chilliwack to the east. Abbotsford borders the town of Sumas,
Washington to the south. Much of Abbotsford has views of Mount Baker (to the southeast, in
Washington) and the Coast Mountains (to the north).
Business in Abbotsford
The City of Abbotsford is considered the business hub of the Fraser Valley. There are 7261
businesses currently registered in the city of Abbotsford. Economic, educational, and health
services anchors such as Tradex, The Convention Centre, The Abbotsford Events Centre, the
University of the Fraser Valley, Abbotsford International Airport, and the Abbotsford Regional
Hospital and Cancer Centre, as well as the Agricultural, Manufacturing, Aerospace, and Film and
TV sectors, bolster the city’s desirability as an economically diverse and vibrant city of the future.
The Future Potential Abbotsford
Due to its future potential for growth, Abbotsford has attracted the attention of investors and
developers both locally and internationally. The location, diversity and eye on sustainable
practices all signal a city that is positioned for new ideas, innovation and investment.
In 2019, Abbotsford garnered the attention of an international audience being recognized as
one of the Top 7 Intelligent Communities across the globe. This designation was awarded by the
Intelligent Communities Forum, a non-profit policy research organization headquartered in New
York City, focusing on job creation and economic development in the broadband economy.
Abbotsford’s debut in the global rankings among the Top 7 was determined through a thorough
assessment of their digital readiness, their ability to embrace evolving technology, the quality of
talent being cultivated through the University of the Fraser Valley, the adoption of sustainable
practices by the City, which are yielding measurable results, and as the home of some truly
ground-breaking innovation being fostered by Abbotsford-based companies.
The McCallum Corridor
The City of Abbotsford Official Community Plan has slotted the McCallum Corridor as the
professional district of the City. Already home to some of the city’s top medical, legal and
financial offices as well as the city’s most prestigious restaurant and spa, the 2306 McCallum
building is situated in Abbotsford’s medical / business corridor at one of Abbotsford’s most
vibrant streets located just a 2 minute drive from Trans-Canada Highway #1 interchange and
historic downtown Abbotsford’s trendy shops, cafés, restaurants and unique services. The
Abbotsford Official Community Plan shows intent to continue to densify this segment of the
city with a mix of higher density housing, revitalization projects, as well as further commercial