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$ 3,200,000
Est. payment | /mo
0.46 Acres Lot
$ 3,200,000
Est. payment | /mo
0.46 Acres Lot
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type Asset
MLS Listing ID C8070959
Year Built 1990
Lot Size 0.460 Acres
Property Sub-Type Industrial
Property Description
INVESTOR ALERT! Opportunity to acquire a commercial building operating on Triple Net Leases with long term tenants over 25 years each, Budget Brake & Muffler, lnstaglass & Chilliwack Water. Located at the high-profile intersection of Yale & Vedder Rd. and positioned along Chilliwack's main north/south commercial corridor just one minute north of HWY 1. Excellent exposure, easy access and ample onsite parking. The building has been well maintained by the current owner for over 35 years and features 6,528 sq. ft. of rentable area on a 20,038 sq. ft. lot. Situated in a rapidly growing area, Chilliwack is the 7th largest City in BC and second largest City in the Fraser Valley.' Approximately 107,200 residents with a 5-year growth rate of 10.1% (2023).
Location
Province BC
Community West Chilliwack
Area Chilliwack
Zoning CSM
Interior
Heating Varies by Unit, Space Heater
Cooling Varies by Unit
Exterior
Utilities Available Fully Serviced, Street Lighting
Roof Type Torch On
Street Surface Paved
Total Parking Spaces 20
Building
Story 1
Sewer Public Sewer
Water Public
Others
Restrictions Restrictive Covenant
Ownership Freehold
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