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$3,999,900
Est. payment /mo
21,500 SqFt
Price Dropped by $100K
45886 WELLINGTON AVENUE Chilliwack, BC V2P 2C7
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UPDATED:
11/06/2024 04:30 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 21,500 sqft
Price per Sqft $186
Subdivision Chilliwack Downtown
MLS Listing ID C8062308
Year Built 1908
Annual Tax Amount $14,579
Tax Year 2024
Property Description
This property presents a rare opportunity to acquire a 21,000+ SqFt historic hotel with 27 charming bed and breakfast suites, ideally situated in the rapidly transforming downtown Chilliwack area. The Royal Hotel, partially updated in 2000 and 2022, boasts a rich history and modem upgrades, including full sprinklers, updated plumbing, electrical systems, heating, air conditioning, and ventilation. The property also features multiple restaurant spaces, including a 155-seat dining area with an additional banquet room for larger events. Sold as-is-where-is, this unique investment is Subject to Court Approval and offers immense potential in a thriving location.
Location
Province BC
Community Chilliwack Downtown
Area Chilliwack
Zoning British Columbia Default Zone
Region Chilliwack
City Region Chilliwack
Exterior
Roof Type See Remarks
Building
Dwelling Type Multi-Family Commercial
Story 3
Water Municipal
Structure Type See Remarks
Listed by Century 21 Creekside Realty Ltd.