Retail for sale
45975 Wellington Avenue, Chilliwack Downtown, Chilliwack
$2,360,000
Features
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
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