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44477 Yale Rd 3,500 SF 100% Leased Retail Building Chilliwack, BC V2R 4H2 $1,999,999 CAD ($571.43 CAD/SF)
Investment Highlights
- Over 0.5 acre in a high-growth West Chilliwack location with established commercial activity.
- Zoned M2 permitting a wide scope of industrial and business uses.
- Ready for redevelopment with minimal restrictions outlined under Chilliwack’s M2 zoning.
- Currently generates holding income through nine leased motel units.
- Direct access to Yale Road with excellent regional connectivity via Highway 1.
Executive Summary
This property presents a rare opportunity to acquire over half an acre of development-ready land in the growing West Chilliwack corridor. Currently operating as a non-conforming motel with nine rental units providing holding income, this site is ideally positioned for future redevelopment. Zoned M2 (Service Industrial), the property offers a versatile platform for a range of industrial and commercial uses with minimal restrictions.
Located along Yale Road, the site enjoys high visibility and easy accessibility, benefiting from strong vehicular traffic and proximity to major retail and industrial anchors. The property is situated near key transport routes, including Highway 1, facilitating efficient regional connectivity. Surrounded by a robust commercial and residential base, this location is primed for developments that require strong access and central positioning within the Fraser Valley.
Developers and investors will appreciate the property’s strategic zoning advantages and the ability to build in one of British Columbia’s most dynamic growth markets. This is an optimal chance to secure a well-located parcel with immediate value and future development potential.
Located along Yale Road, the site enjoys high visibility and easy accessibility, benefiting from strong vehicular traffic and proximity to major retail and industrial anchors. The property is situated near key transport routes, including Highway 1, facilitating efficient regional connectivity. Surrounded by a robust commercial and residential base, this location is primed for developments that require strong access and central positioning within the Fraser Valley.
Developers and investors will appreciate the property’s strategic zoning advantages and the ability to build in one of British Columbia’s most dynamic growth markets. This is an optimal chance to secure a well-located parcel with immediate value and future development potential.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Building Size
3,500 SF
Building Class
C
Year Built
1966
Price
$1,999,999 CAD
Price Per SF
$571.43 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.15
Lot Size
0.54 AC
Zoning
M2 (Service Industrial) - M2 (Service Industrial)
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 2
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44477 Yale Rd
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