Retail for sale

8989-8999 Young Road, Chilliwack Downtown, Chilliwack

$5,850,000 or
Retail for sale in Chilliwack Downtown, Chilliwack, Chilliwack, 8989-8999 Young Road, 224962800 | Realtylink.org
$5,850,000 or

Retail for sale

8989-8999 Young Road, Chilliwack Downtown, Chilliwack

Features

Lifestyle
224962800 5850000 /en/retail~for-sale~chilliwack-downtown-chilliwack/224962800?view=Summary /en/retail~for-sale~chilliwack-downtown-chilliwack/224962800/photos 49.1654700000 -121.9528900000 true
Floor Area
18,127 sqft
Lot Size
32,234 sqft
Gross Property Tax
$47,388.07 /year
Building Type
Quasi Retail
Zoning
C2
94

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

Listing REALTORS®

Joey Yoo, REALTOR<sup>®</sup>

Joey Yoo

REALTOR®

Marcus & Millichap

Jack Allpress, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Jack Allpress

REALTOR®, Personal Real Estate Corporation

Marcus & Millichap

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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