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9259 YOUNG Road
Chilliwack Downtown Chilliwack V2P 4R1

$3,588,000
Business with Property, Multi-Family Commercial

Main Photo: 9259 YOUNG Road in Chilliwack: Chilliwack Downtown Business with Property for sale in "WOODSTONE BUILDING" : MLS®# C8060949
Photo 1: 9259 YOUNG Road in Chilliwack: Chilliwack Downtown Business with Property for sale in "WOODSTONE BUILDING" : MLS®# C8060949
Photo 2: 9259 YOUNG Road in Chilliwack: Chilliwack Downtown Business with Property for sale in "WOODSTONE BUILDING" : MLS®# C8060949
Photo 3: 9259 YOUNG Road in Chilliwack: Chilliwack Downtown Business with Property for sale in "WOODSTONE BUILDING" : MLS®# C8060949
Photo 4: 9259 YOUNG Road in Chilliwack: Chilliwack Downtown Business with Property for sale in "WOODSTONE BUILDING" : MLS®# C8060949
Photo 5: 9259 YOUNG Road in Chilliwack: Chilliwack Downtown Business with Property for sale in "WOODSTONE BUILDING" : MLS®# C8060949
Photo 6: 9259 YOUNG Road in Chilliwack: Chilliwack Downtown Business with Property for sale in "WOODSTONE BUILDING" : MLS®# C8060949
Photo 7: 9259 YOUNG Road in Chilliwack: Chilliwack Downtown Business with Property for sale in "WOODSTONE BUILDING" : MLS®# C8060949
Photo 8: 9259 YOUNG Road in Chilliwack: Chilliwack Downtown Business with Property for sale in "WOODSTONE BUILDING" : MLS®# C8060949
Photo 9: 9259 YOUNG Road in Chilliwack: Chilliwack Downtown Business with Property for sale in "WOODSTONE BUILDING" : MLS®# C8060949
Photo 10: 9259 YOUNG Road in Chilliwack: Chilliwack Downtown Business with Property for sale in "WOODSTONE BUILDING" : MLS®# C8060949
Photo 11: 9259 YOUNG Road in Chilliwack: Chilliwack Downtown Business with Property for sale in "WOODSTONE BUILDING" : MLS®# C8060949
Photo 12: 9259 YOUNG Road in Chilliwack: Chilliwack Downtown Business with Property for sale in "WOODSTONE BUILDING" : MLS®# C8060949
Status:
Active
Prop. Type:
Business with Property, Multi-Family Commercial
MLS® Num:
C8060949
Bus Major:
Accommodation Travel & Tourism
Bus Minor:
Hotel/Motel
Build. Type:
Commercial Mix
Motivated Seller! This free-standing building, located in downtown Chilliwack, is brimming with significant future potential. After a recent rezoning, which allows for high-density usage (verification with Chilliwack City Hall is recommended), the property boasts seven fully leased residential units on the upper floor and six retail spaces currently occupied by the owner. Motivated Seller! There is a possibility of selling a 50% share of the building. All restaurant business are included.
Sale Type:
Share
Business Name:
DELIJAN ENTERPRISE COMPANY LTD
Major Bus Type:
Accommodation Travel & Tourism
Minor Bus Type:
Hotel/Motel
Bus Op Since:
2022
Construction:
Concrete Block, Mixed
Building Type:
Commercial Mix, Residential Mix, Multiple Tenant/Multi-Plex (5+)
Name of Complex/Subdivision:
# Units:
7
# Other Units:
# of Apartments:
7
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
2
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
2
# of 2 Bedroom Apartments:
2
# of 3 Bedroom Apartments:
1
# Storeys:
2.0
Year built:
1970 (Age: 54)
Total Floor Area:
8,281 sq. ft.
Lot Area:
4,152 sq. ft.
Land Use/Zoning:
C3
Taxes:
$18,096.21 / 2024
Alarm System, Emergency Lighting, Storefront, Washrooms Female/Male
Services Connected:
Cable, Electricity, Fully Serviced, High Speed Internet Svc at Lot Line, Lane, Natural Gas, Telephone, Street Lighting, Sidewalk
Water Supply:
Municipal
HVAC:
Hot Water, Mixed, Space Heaters
Power Type:
Single Phase
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
Yes
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
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Listed by LeHomes Realty Premier
Data was last updated December 23, 2024 at 07:10 PM (UTC)
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