


$7,400,000
Chilliwack
8880 YOUNG Road, Chilliwack, British Columbia, V2P4P3
This industrial property in Chilliwack is for sale. It has been on the market 16 days, fresher than the Chilliwack average of 89 days.
Investor Alert! Opportunity to acquire a commercial building operating with long-term tenants. Strategically located on a main access route from central Chilliwack to Highway 1, this high-profile 1.22-acre commercial/industrial property with 22,200 + building is a short drive from city center and new District 1881. The property offers a broad tenant mix and triple net leases with annual escalations. Strong holding income from day one, provides a 5% CAP rate based on the asking price. Existing improvements accommodate a mix of industrial, retail, commercial uses with dock loading, ample onsite parking and access for semi-trucks. CSM zoning and Official Community Plan designation offer future redevelopment potential. An excellent opportunity for investors seeking established income in a prominent high profile location. (id:66096)
Active: 16 days on market, against an average age of 89 days across the listings currently for sale in this city
This industrial in Chilliwack has been listed for 16 days, which is 73 days fresher than the city average of 89. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
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