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$2,950,000
Est. payment /mo
10,304 SqFt
UPDATED:
04/10/2024 06:52 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,304 sqft
Price per Sqft $286
Subdivision West Chilliwack
MLS Listing ID C8058158
Year Built 1979
Annual Tax Amount $19,771
Tax Year 2023
Property Description
Exceptional Investment Opportunity! Multi-unit stratified commercial building with legal residential suite located on highly desirable Yale Road West backing onto Hwy 1 (Excellent freeway exposure) located on a .44 acre lot. The entire strata plan is for sale! This building is zoned M2 (Service Industrial) and is comprised of 4 separate stratified industrial bays with separate entrances and large overhead doors. Bay 3 and 4 leased to steady long-term tenants. Legal residential suite (located on top of Bay 4) fully tenanted to long-term tenants. Potential $136,000+ NOI. Front 2 Bays vacant (allowing for new Buyer to either occupy the space or providing the opportunity to achieve market rents). Close and easy Hwy 1 access through Lickman Road exit. Please reach out today for complete package!
Location
Province BC
Community West Chilliwack
Area Chilliwack
Zoning British Columbia Default Zone
Region Chilliwack
City Region Chilliwack
Building
Dwelling Type Industrial
Water Municipal
Structure Type Concrete Block
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Listed by HomeLife Advantage Realty Ltd