Retail for sale

45975 Wellington Avenue, Chilliwack Downtown, Chilliwack

$2,360,000 or
$2,360,000 or

Retail for sale

45975 Wellington Avenue, Chilliwack Downtown, Chilliwack

Features

Lifestyle
224967510 2360000 /en/retail~for-sale~chilliwack-downtown-chilliwack/224967510?view=Summary /en/retail~for-sale~chilliwack-downtown-chilliwack/224967510/photos 49.1712300000 -121.9527700000 true
Year Built
1972
Floor Area
5,474 sqft
Lot Size
4,110 sqft
Gross Property Tax
$24,261.40 /year
Building Type
Low Rise (2-4 storeys)
Zoning
C3
98

Description

BEST CORNER LOCATION In the HEART of DOWNTOWN CHILIWACK ‘district 1881.’ This beautiful Building has been fully renovated and has a good tenant. Enjoy the solid rental income now NET around $140,000. Red Chili’s Restaurant and Pub signed a 5 year escalating lease on September 2022. Wonderful Potential for future higher density redevelopment according to the Chiliwack downtown land use plan. New windows, new roof, new HVAC and exterior facade remodelled to retain the old world charm. Solid investment in the downtown vibrant bustling community. District 1881 in Downtown Chilliwack is a neighbourhood of distinctive architecture and historic buildings cross crossed by pedestrian alley, unique office spaces, locally owned restaurants, breweries and retail shops. Call for more information today.
MLS® Number C8062441

Listing REALTORS®

Angel Shih, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Angel Shih

REALTOR®, Personal Real Estate Corporation

Royal Pacific Realty Corp.

Royal Pacific Realty Corp.,
Vivian Jiang, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Vivian Jiang

REALTOR®, Personal Real Estate Corporation

Royal Pacific Realty Corp.

Royal Pacific Realty Corp.,

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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