9259 Young Road Chilliwack, BC V2P 4R1
Listing Courtesy of:  CREA / Lehomes Realty Premier

  9259 Young Road Chilliwack, BC V2P 4R1

Active (23 Days)
$3,680,000

Description

Motivated Seller! *Owner Retiring “ Prime Investment Opportunity in Downtown Chilliwack!* Seize this exceptional opportunity to acquire a standalone downtown Chilliwack building with significant future potential. Recently rezoned for high-density use (confirm specifics with Chilliwack City Hall), this property is ideal for investors seeking a high-yield asset. **Highlights:** - **7% cap rate** (excluding business operations). - **7 fully occupied residential units** on the upper floor (renovated in 2018; 4,240 sq. ft. total, offering 3-bedroom, 2-bedroom, 1-bedroom, and bachelor suites). - **6 retail spaces** across 4,650 sq. ft. of commercial space - **Sale includes restaurant businesses.** Act now to capitalize on this prime downtown location and versatile income-generating asset! Seller motived. (id:41440)

MLS®:
C8066821
Lot Size
3,920 SQFT
Type
Multifamily
Year Built
1950
County
Fraser Valley

Listed By

Mason Oskoei, Lehomes Realty Premier
Source
CREA
Last checked Mar 15 2025 at 9:59 AM GMT+0000
Bathroom Details
Living Area
  • 7,900 sqft
Location
   
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by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 3/15/25 02:59