9
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$1,950,000
Est. payment /mo
5,474 SqFt
Price Dropped by $410K
45975 WELLINGTON AVENUE Chilliwack, BC V2P 2C6
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UPDATED:
11/27/2024 04:28 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,474 sqft
Price per Sqft $356
Subdivision Chilliwack Downtown
MLS Listing ID C8062441
Year Built 1972
Annual Tax Amount $24,261
Tax Year 2024
Property Description
BEST CORNER LOCATION In the HEART of DOWNTOWN CHILIWACK ?district 1881.? This beautiful Building has been fully renovated and has a good tenant. Enjoy the solid rental income now NET around $140,000. Red Chili?s Restaurant and Pub signed a 5 year escalating lease on September 2022. Wonderful Potential for future higher density redevelopment according to the Chiliwack downtown land use plan. New windows, new roof, new HVAC and exterior facade remodelled to retain the old world charm. Solid investment in the downtown vibrant bustling community. District 1881 in Downtown Chilliwack is a neighbourhood of distinctive architecture and historic buildings cross crossed by pedestrian alley, unique office spaces, locally owned restaurants, breweries and retail shops. Call for more information today.
Location
Province BC
Community Chilliwack Downtown
Area Chilliwack
Zoning British Columbia Default Zone
Region Chilliwack
City Region Chilliwack
Building
Dwelling Type Land Commercial,Retail
Story 2
Structure Type Concrete Block,Wood Frame,Mixed
Listed by Royal Pacific Realty Corp.
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