Chilliwack, BC V2P 6R5,Address not disclosed
Chilliwack, BC V2P 6R5,Address not disclosed
Chilliwack, BC V2P 6R5,Address not disclosed
4
$4,400,000
$5,500,000
20.0%
Est.Price: ?

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19,243 SqFt

Address not disclosed Chilliwack, BC V2P 6R5

Est. payment /mo
SOLD DATE : 04/24/2024

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Key Details

Sold Price $4,400,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 19,243 sqft

Price per Sqft $228

Subdivision Chilliwack Proper South

MLS Listing ID C8058215

Year Built 1991

Annual Tax Amount $50,484

Tax Year 2023

Property Description

**INVESTOR ALERT 6.5 % CAP RATE** We are pleased to present the opportunity to purchase three investment properties with future development potential in the Service Commercial Industrial Zone in Chilliwack, BC. This includes two, fully leased commercial buildings with a single AAA tenant, an assumable mortgage, and a clean environmental. A recent $240,000 HVAC upgrade is included. Surrounding each building is a paved surface parking area for tenants and customers of the operating business. *Opportunity to increase net operating income substantially on lease renewal * Future redevelopment potential. Please contact the listing agent for more information. Supporting documents available with signed Confidentiality Agreement. DO NOT APPROACH STAFF, DO NOT APPROACH THE TENANT STAFF.

Location

Province BC

Community Chilliwack Proper South

Area Chilliwack

Building/Complex Name HUB INTERNATIONAL BUILDINGS

Zoning British Columbia Default Zone

Exterior

Roof Type Flexible Membrane

Building

Water Municipal

Structure Type Mixed

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Real Estate  Board of Greater Vancouver(REBGV) - Commercial
Listed by Royal LePage - Wolstencroft

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Kris Kereluk

Agent | License ID: 161157

+1(778) 288-4481

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