45975 Wellington Avenue, Chilliwack Downtown, Chilliwack

$2,550,000 |   MLS® Number  C8059571

Retail for sale in Chilliwack Downtown, Chilliwack, Chilliwack, 45975 Wellington Avenue, 224964640 | Realtylink.org

Retail for sale

Year Built
1972
Floor Area
5,386 sqft
Lot Size
4,110 sqft
Gross Property Tax
$23,632.34 /year
Building Type
Freestanding, Mixed Use, Street-Level Storefront
Building / Complex Name
Red Chili's Restaurant and Pub
Zoning
C5
98

This property, situated within the Village Quarter as per the Official Community Plan (OCP) and Downtown Land Use and Development Plan, offers the potential for development with a density of up to 100 units per hectare (UHa) and a maximum height of four storeys. Located at the prime corner spot in the heart of downtown Chilliwack's 'District 1881,' this stunning building has undergone a complete renovation and boasts a reliable tenant. With a solid rental income, this property presents a lucrative investment opportunity. The recent upgrades, including new windows, a new roof, updated HVAC systems, and a remodeled exterior facade, seamlessly blend modern amenities with the area's old-world charm. Situated amidst a vibrant community bustling with activity.