45975 Wellington Avenue, Chilliwack Downtown Chilliwack, British Columbia V2P 2C6
$1,800,000
BEST CORNER LOCATION In the HEART of DOWNTOWN CHILIWACK "˜district 1881.' This Property offers is a great investment opportunity for investors. It offers not only CAP Rate of 6.7% but also has potential for future higher density redevelopment according to the Chiliwack downtown land use plan. This beautiful Building has been fully renovated and has a good tenant. Red Chillies Sports Bar Restaurant has a 5 year escalating lease as of September 2022). 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. Great tenant guaranteeing a good income. Call Realtors for Information Package with all the details. (id:12562)
Property Details
| MLS® Number | C8066156 |
| Property Type | Retail |
| Neigbourhood | Chilliwack Proper Village West |
Building
| Constructed Date | 1972 |
| Size Interior | 5,386 Ft2 |
Land
| Acreage | No |
| Size Irregular | 0.12 |
| Size Total | 0.12 Ac |
| Size Total Text | 0.12 Ac |
https://www.realtor.ca/real-estate/27851943/45975-wellington-avenue-chilliwack-downtown-chilliwack
Contact Us
Contact us for more information
Angel Shih
Personal Real Estate Corporation
www.royalpacific.com
#100 - 1200 West 73rd Avenue
Vancouver, British Columbia V6P 6G5
(604) 266-8989
(604) 263-3803
www.royalpacific.com
Vivian Jiang
Personal Real Estate Corporation
#100 - 1200 West 73rd Avenue
Vancouver, British Columbia V6P 6G5
(604) 266-8989
(604) 263-3803
www.royalpacific.com
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March 06 2025 06:38:15
Chilliwack & District Real Estate Board
Royal Pacific Realty Corp.