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8705 Young Rd
Chilliwack, BC V2P 4P3

$828,571 USD

Restaurant Condo For Sale  •  1,800 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 1,809 SF
  • Building Class B
  • Year Built 2008
  • Cap Rate 3.44 %
  • Tenancy Multiple
  • Zoning CSM
43 Transit Score
82 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 200 Retail 1,800 SF $828,571 USD
  • Unit Size: 1,800 SF
  • Condo Use: Retail
  • Price: $828,571 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $460.32 USD
Description
1,800 sq.ft. retail unit located on busy Young Rd. in Chilliwack with tons of street exposure, ample parking, and centrally located. This unit is currently set up as a restaurant, it features high ceilings, a patio area, and tons of windows bringing in lots of natural light. Currently in a 5 year net escalating lease with monthly base rent at $3,250.00 An excellent investment opportunity! Contact for details! * PREC - Personal Real Estate Corporation

Sale Notes
1,800 sq.ft. retail unit located on busy Young Rd. in Chilliwack with tons of street exposure, ample parking, and centrally located. This unit is currently set up as a restaurant, it features high ceilings, a patio area, and tons of windows bringing in lots of natural light. Currently in a 5 year net escalating lease with monthly base rent at $3,250.00 An excellent investment opportunity! Contact for details! * PREC - Personal Real Estate Corporation

Description

Commercial/Retail Shopping Center.

Financial Summary

Cap Rate: 3.44 %
Total Expenses: $0 USD

Public Transportation

Commuter RailDriveWalkDistance
Chilliwack (Vancouver - Toronto - VIA Rail) 0 min 4 min 0.2 mi
AirportDriveWalkDistance
Abbotsford International 33 min - 24.2 mi
Rick Toor 604-795-2955 Homelife Advantage Realty Ltd
Rick Toor 604-795-2955 Homelife Advantage Realty Ltd