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$ 3,680,000
Est. payment | /mo
7,900 SqFt
$ 3,680,000
Est. payment | /mo
7,900 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,900 sqft
Price per Sqft $465
MLS® Listing ID C8066821
Originating Board Chilliwack & District Real Estate Board
Year Built 1950
Lot Size 3,920 Sqft
Acres 3920.4
Property Description
Motivated Seller! *Owner Retiring "“ Prime Investment Opportunity in Downtown Chilliwack!* Seize this exceptional opportunity to acquire a standalone downtown Chilliwack building with significant future potential. Recently rezoned for high-density use (confirm specifics with Chilliwack City Hall), this property is ideal for investors seeking a high-yield asset. **Highlights:** - **7% cap rate** (excluding business operations). - **7 fully occupied residential units** on the upper floor (renovated in 2018; 4,240 sq. ft. total, offering 3-bedroom, 2-bedroom, 1-bedroom, and bachelor suites). - **6 retail spaces** across 4,650 sq. ft. of commercial space - **Sale includes restaurant businesses.** Act now to capitalize on this prime downtown location and versatile income-generating asset! Seller motived. (id:24570)
Location
Province BC
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by LeHomes Realty Premier
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Gabriela Humeniuk
Real Broker