Multi-family for sale
9259 Young Road, Chilliwack Downtown, Chilliwack Downtown, Chilliwack
$3,550,000
$3,550,000
Multi-family for sale
9259 Young Road, Chilliwack Downtown, Chilliwack Downtown, Chilliwack
Features
Year Built
1955
Floor Area
7,900 sqft
Lot Size
4,135 sqft
Gross Property Tax
$18,096.21 /year
Building Type
Commercial Mix, Residential Mix, Mul Tenant/MultiPlex (5+)
Building / Complex Name
Woodstone Building
Zoning
C3
Amenities
Alarm System, Emergency Lighting, Storefront, Washrooms Female/Male
Suite Mix Information
2 x Bachelor/Studio, 2 x 1 ½, 2 x 2 ½, 1 x 3 ½
Total no. of Units
13
Financial Summary
$25,000
Description
Motivated seller! This standalone building in downtown Chilliwack offers huge future potential. Thanks to a recent rezoning that allows for high-density use (be sure to confirm with Chilliwack City Hall), the property features seven fully leased residential units upstairs and six retail spaces below. The owner is willing to sell 50% of the building if you can successfully manage the restaurant, which generates very good income.
MLS® Number C8073112