Property
Type, style and structure
- Type
- commercial
- Style
- industrial / Industrial
- Year Built
- 1992
+22 more
2.43 ac
Lot
1992
Year Built
Property Snapshot
Key details for this listing
MLS #C8081333
Lot
Land, frontage and setting
- Lot
- 2.43 ac - 2.43
Costs
Price, taxes and monthly charges
- List Price
- $11,199,000
About This Property
This industrial in Chilliwack offers a 2.43 ac lot. Built in 1992. The property has lot dimensions of 2.43.
MLS Remarks
Exceptional industrial investment and future development opportunity on 2.43 acres along Yale Road West. The property features a 15,703 sq. ft. industrial building and is fully leased to a quality tenant, generating $400,000+ in annual net income and providing strong holding income from day one. Well equipped for its current use, the real long-term opportunity lies in the property's significant development potential. Investors can secure a substantial industrial site today while benefiting from immediate income, then explore opportunities to expand the existing improvements, construct additional buildings, or redevelop the property to accommodate multiple tenants and increase future rental income. With a prime industrial location, strong in-place income, and excellent long-term upside, this is an ideal opportunity for investors seeking both immediate returns and future growth. (id:60351)
Full Listing Details
Address44755 YALE ROAD, West Chilliwack
MLS#C8081333
Listing StatusActive
Property TypeCommercial
Sub-TypeIndustrial
TransactionSale
Days on Market69
Parking TypeVisitor Parking
StyleIndustrial
Year Built1992
Building FeaturesStorefront
Living Area15,703 sqft
CityChilliwack
ProvinceBritish Columbia
Postal CodeV2R4H3
Lot Size2.43 ac
Lot Dimensions2.43
Parking FeaturesVisitor Parking
SecuritySecurity system
ElectricThree Phase
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