45945 WELLINGTON AVENUE Active

Chilliwack,BC V2P 2C6

$ 1480000

- Bed

- Bath

4898 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,898 sqft

Price per Sqft $302

Subdivision Chilliwack Downtown

MLS Listing ID C8062414

Year Built 1960

Annual Tax Amount $17,085

Tax Year 2024

Property Description

**COURT ORDERED SALE** Situated in the prime locale of Chilliwack, this meticulously renovated building epitomizes the essence of strategic positioning. Fully tenanted, except for a large 2 bedroom upstairs with massive patio, the establishment boasts esteemed occupants who enhance the property''s intrinsic value. As the Downtown area undergoes a renaissance, this investment promises not only robust returns but also appreciating capital value. Seize this unparalleled opportunity to acquire a high-yield asset in a burgeoning district. NOI: Almost 110k/year.

Location

Province BC

Community Chilliwack Downtown

Area Chilliwack

Zoning British Columbia Default Zone

Region Chilliwack

City Region Chilliwack

Building

Dwelling Type Multi-Family Commercial,Retail

Water Municipal

Structure Type Concrete Block,Brick/Masonry

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