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$2,350,000
Est. payment /mo
6,661 SqFt
Price Dropped by $40K
45789 SPADINA AVENUE Chilliwack, BC V2P 1T5
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UPDATED:
11/29/2024 06:11 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,661 sqft
Price per Sqft $352
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
Listed by RE/MAX Bob Plowright Realty