Retail for sale
8989-8999 Young Road, Chilliwack Downtown, Chilliwack
$5,850,000
Features
Floor Area
18,127 sqft
Lot Size
32,234 sqft
Gross Property Tax
$47,388.07 /year
Building Type
Quasi Retail
Zoning
C2
Description
We are pleased to present for sale 8989-8999 Young Road & 45948 Chesterfield Avenue, Chilliwack, B.C. (the "Subject Property"). The Subject Property presents a rare opportunity to acquire a value-add strip mall with development potential on a half city block in the heart of Chilliwack. The strip mall of the Subject Property is a 18,127 SF building situated on a 0.74 acre lot with the opportunity for immediate value-add by leasing up the current vacancy and getting the current below-market rents to market. Designated as Village Quarter under the Chilliwack Official Community Plan, prospective purchasers can enjoy an income generating asset while Chilliwack continues to evolve and densify.
MLS® Number C8057731