45915-45921 WELLINGTON AVENUE Chilliwack, BC V2P 2C6
Commercial in Chilliwack
The four adjacent properties are a combined 13,820 square feet with five existing commercial spaces totalling 12,800 square feet. It cannot be understated how valuable and difficult assembling 4 properties is in the downtown core. With that done, the potential is available to build a downtown altering development. These properties are about 1 block from the exciting, new downtown Chilliwack development as well as having 2 street frontages and a lane. Existing tenants pay approximately $12 net per square foot on the current 12,800 square feet of commercial space that offsets carrying costs. Having monthly income while determining the ideal construction timeline is a fantastic canying cost offset that few development prope,ties can offer. Phase 1 Environmental Study is available. See virtual tour link.
- Listing Status: Off Market
- MLS® Number:C8028041
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