9259 YOUNG ROAD|Chilliwack Downtown, Chilliwack, British Columbia, CA

Address: 9259 YOUNG ROAD|Chilliwack Downtown, Chilliwack, British Columbia

0 Beds0 Baths7900 sqftStatus: Buy
Price $3,680,000

Property Overview


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:51532)

 

Tags




Property Summary
Property Type
Multi-family
Square Footage
7900 sqft
Land Size
0.09 ac
Built in
1950
Building
Building Features
Square Footage
7900 sqft
Fire Protection
Security system
Building Amenities
Street Lighting, Storefront
Structures
Sidewalk
Features
           Street Lighting            Storefront
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Your Home Finance Calculation

Property Price CA $3,680,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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