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MLS® C8082933

Overview

Key Facts

Type 
Levels Commercial Sale
Size 22271 sqft
Garage 
Taxes 
Days Active 0
Lot Size 1.22 Acres
Approx. Age 
Avg. Price Per Sqft $332
MLS® Number C8082933

Property Address: 8880 Young Road, Chilliwack, BC, V2P4P3

Average square foot calculated using Size range provided by listing agent.

Description

Investor Alert! Opportunity to acquire a commercial building operating with long-term tenants. Strategically located on a main access route from central Chilliwack to Highway 1, this high-profile 1.22-acre commercial/industrial property with 22, 200 + building is a short drive from city center and new District 1881. The property offers a broad tenant mix and triple net leases with annual escalations. Strong holding income from day one, provides a 5% CAP rate based on the asking price. Existing improvements accommodate a mix of industrial, retail, commercial uses with dock loading, ample onsite parking and access for semi-trucks. CSM zoning and Official Community Plan designation offer future redevelopment potential. An excellent opportunity for investors seeking established income in a prominent high profile location. (id:58753)Show Description
MLS® NumberC8082933
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
DrivewayVisitor Parking
Garage Spaces
Heat
A/C

Extras

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