9259 YOUNG Road
Chilliwack
V2P 4R1
$3,680,000
Business with Property, Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Business with Property, Multi-Family Commercial
- MLS® Num:
- C8066821
- Bus Major:
- Accommodation Travel & Tourism
- Bus Minor:
- Hotel/Motel
- Build. Type:
- Commercial Mix
- Photos (8)
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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.
- 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:
- Signup
- # Units:
- 7
- # Other Units:
- Signup
- # 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:
- 1950 (Age: 75)
- Total Floor Area:
- 7,900 sq. ft.
- Retail Size:
- 4,200 sq. ft.
- Lot Area:
- 4,135 sq. ft.
- Land Use/Zoning:
- C3
- Permitted Use:
- Industrial, Retail
- Taxes:
- $18,680.57 / 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:
- Signup
- Sewer Septic:
- Municipal/Community
- Potential to Redevelop:
- Yes
- Env Assmt Phase:
- Yes
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Listed by LeHomes Realty Premier
Data was last updated February 23, 2025 at 08:10 PM (UTC)
- ALEX REN
- INMAX REALTY
- 604-800-1222
- Contact by Email
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2025 by the Greater Vancouver REALTORS®,
Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.