45886 Wellington Avenue, Chilliwack Downtown, Chilliwack

$3,999,900 |   MLS® Number  C8062308

Multi-family for sale in Chilliwack Downtown, Chilliwack, Chilliwack, 45886 Wellington Avenue, 224967377 | Realtylink.org

Multi-family for sale

Year Built
1908
Floor Area
21,500 sqft
Lot Size
12,264 sqft
Gross Property Tax
$14,579.82 /year
Building Type
Low Rise (2-4 storeys), Commercial Mix, Residential Mix
Zoning
C3
Subject Property Width
112.86 ft
Subject Property Depth
109.9 ft
98

This property presents a rare opportunity to acquire a 21,000+ SqFt historic hotel with 27 charming bed and breakfast suites, ideally situated in the rapidly transforming downtown Chilliwack area. The Royal Hotel, partially updated in 2000 and 2022, boasts a rich history and modem upgrades, including full sprinklers, updated plumbing, electrical systems, heating, air conditioning, and ventilation. The property also features multiple restaurant spaces, including a 155-seat dining area with an additional banquet room for larger events. Sold as-is-where-is, this unique investment is Subject to Court Approval and offers immense potential in a thriving location.