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:58426)
| BusinessType | Accommodation |
| BusinessSubType | Hotel/motel |
| MLS® Number | C8066821 |
| Property Type | Multi-family |
| Structure | Sidewalk |
| Amenities | Street Lighting, Storefront |
| ConstructedDate | 1950 |
| FireProtection | Security System |
| SizeInterior | 7900 Sqft |
| Acreage | No |
| SizeIrregular | 0.09 |
| SizeTotal | 0.09 Ac |
| SizeTotalText | 0.09 Ac |
https://www.realtor.ca/real-estate/27934925/9259-young-road-chilliwack-downtown-chilliwack
Contact us for more information
Mason Oskoei
Personal Real Estate Corporation
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