45789 Spadina Ave - Storefront Retail/Office FOR SALE


Chilliwack, BC
$2,090,000 CAD
604-793-8282
45789 Spadina Ave, Chilliwack, BC for Sale
$2,090,000 CAD
Storefront Retail/Office - FOR SALE
1/6
null | Request Cap Rate

45789 Spadina Ave
Chilliwack, BC


HIGHLIGHTS

  • Easy access to major transportation routes, including the Trans-Canada Highway and Yale Road North
  • Situated in a vibrant downtown area within walking distance to amenities and the 5 Corners district
  • Located in a growing urban core with strong redevelopment activity and future mixed-use potential
  • Prime corner location at Main Street and Spadina Avenue with high visibility and traffic counts

OVERVIEW

A well maintained single level commercial building fully leased and located on a high traffic corner with 6 retail stores and one office space. Features include a brick and cement block exterior, roof replaced 2009, 7 new HVAC's units in last 5 years, separate gas and electric meters, secured entry to rear office space. Properties in close proximity are under redevelopment and will add a substantial number of new residences. This multi-tenant building is an ideal investment as current lease rates are below market providing an opportunity to increase income and accordingly add value. OCP - Urban Quarter: Mixed use Future Development Potential retail at street level with office and residential above. Subject to regulation. An investment with an upside!! Call to obtain the detailed information package and to set up your private viewing.

FOR SALE DETAILS

PRICE

$2,090,000 CAD

PRICE/SF

$318 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,322 SF

ZONING

C3

APN/PARCEL ID

018-078-966

ASK ABOUT THIS PROPERTY

Bob PlowrightRe/Max Bob Plowright RealtyMore Info
604-793-8282

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Bob PlowrightRe/Max Bob Plowright RealtyMore Info
604-793-8282

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.