8880 Young Road, Chilliwack Proper South Chilliwack, British Columbia V2P 4P3

22,271 sqft
Acreage

$7,400,000

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:49203)

Property Details

MLS® Number C8082933
Property Type Industrial

Building

Fire Protection Security System
Size Interior 22,271 Sqft
Utility Power Three Phase

Parking

Visitor Parking

Land

Acreage Yes
Size Irregular 1.22
Size Total 1.22 Ac
Size Total Text 1.22 Ac

https://www.realtor.ca/real-estate/30420903/8880-young-road-chilliwack-proper-south-chilliwack

Contact Us

Contact us for more information

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Bob Plowright

(604) 858-7179
www.bobplowright.com/

RE/MAX Bob Plowright Realty
1-7300 Vedder Rd
Chilliwack, British Columbia V2R 4G6

(604) 858-7179
(604) 858-7197
www.bobplowright.com

Ron Plowright
Personal Real Estate Corporation

(604) 858-7179
www.ronplowright.com/
www.facebook.com/plowrightandassociates

RE/MAX Bob Plowright Realty
1-7300 Vedder Rd
Chilliwack, British Columbia V2R 4G6

(604) 858-7179
(604) 858-7197
www.bobplowright.com

Dekker Team
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