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Address not disclosed Chilliwack, BC V2P 6R5
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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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