Chilliwack Proper South · Chilliwack · BC
8880 Young Road
Industrial · For sale
Asking
$7,400,000
MLS® C8082933
- Lot
- 53,143.2 sqft
The property
Investor Alert! Opportunity to acquire a commercial building operating with long-term tenants. Strategically located on a main access route from central Chilliwack to Highway 1, this high-profile 1.22-acre commercial/industrial property with 22,200 + building is a short drive from city center and new District 1881. The property offers a broad tenant mix and triple net leases with annual escalations. Strong holding income from day one, provides a 5% CAP rate based on the asking price. Existing improvements accommodate a mix of industrial, retail, commercial uses with dock loading, ample onsite parking and access for semi-trucks. CSM zoning and Official Community Plan designation offer future redevelopment potential. An excellent opportunity for investors seeking established income in a prominent high profile location.
Facts & features
Costs
- Gross taxes (2026)
- $67,758
The property
- Title
- Freehold
- Zoning
- CSM
- Storeys
- 1
- Heating
- Mixed, Separate Controls
- Cooling
Listed by RE/MAX Bob Plowright Realty
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This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assume no responsibility for its accuracy.
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