Retail for sale
45789 Spadina Avenue, Chilliwack Downtown, Chilliwack
$2,390,000
Features
Year Built
1962
Floor Area
6,661 sqft
Lot Size
9,322 sqft
Gross Property Tax
$18,246.74 /year
Building Type
Freestanding, Commercial Mix, Street-Level Storefront
Zoning
C3
Amenities
Air Conditioning, HVAC System, Storefront
Description
A well maintained single level commercial building fully leased and located on a high traffic corner with 6 retail stores and one office space. Features include a brick and cement block exterior, roof replaced 2009, 7 new HVAC's units in last 5 years, separate gas and electric meters, secured entry to rear office space. Properties in close proximity are under redevelopment and will add a substantial number of new residences. This multi-tenant building is an ideal investment as current lease rates are below market providing an opportunity to increase income and accordingly add value. OCP - Urban Quarter: Mixed use Future Development Potential retail at street level with office and residential above. Subject to regulation. An investment with an upside!! Call to obtain the detailed information package and to set up your private viewing ... DO NOT CONTACT TENANTS.
MLS® Number C8061545