45789 SPADINA AVENUE Active

Chilliwack,BC V2P 1T5

$ 2390000

- Bed

- Bath

6661 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,661 sqft

Price per Sqft $358

Subdivision Chilliwack Downtown

MLS Listing ID C8061545

Year Built 1962

Annual Tax Amount $18,246

Tax Year 2023

Property Description

A well maintained single level commercial building fully leased and located on a high traffic corner with 6 retail stores and one office space. Features include a brick and cement block exterior, roof replaced 2009, 7 new HVAC''s units in last 5 years, separate gas and electric meters, secured entry to rear office space. Properties in close proximity are under redevelopment and will add a substantial number of new residences. This multi-tenant building is an ideal investment as current lease rates are below market providing an opportunity to increase income and accordingly add value. OCP - Urban Quarter: Mixed use Future Development Potential retail at street level with office and residential above. Subject to regulation. An investment with an upside!! Call to obtain the detailed information package and to set up your private viewing ... DO NOT CONTACT TENANTS.

Location

Province BC

Community Chilliwack Downtown

Area Chilliwack

Zoning British Columbia Default Zone

Region Chilliwack

City Region Chilliwack

Exterior

Roof Type Tar & Gravel

Building

Dwelling Type Office,Retail

Story 1

Water Municipal

Structure Type Concrete Block

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