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8880 Young RD Chilliwack, BC V2P 4P3
1.22 Acres Lot
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Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type Asset
MLS Listing ID C8082933
Annual Tax Amount $67,757
Tax Year 2026
Lot Size 1.220 Acres
Property Sub-Type Industrial
Property Description
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.
Location
State BC
Community Chilliwack Proper South
Area Chilliwack
Zoning CSM
Interior
Heating Mixed, Separate Controls
Cooling Mixed, Separate Controls
Exterior
Utilities Available Fully Serviced
Water Access Desc Public
Roof Type Membrane,Torch On
Building
Story 1
Sewer Public Sewer
Water Public
Others
Restrictions None Known
Ownership Freehold
Security Features Security System