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45908 Cheam Ave 2,673 SF Retail Building Chilliwack, BC V2P 1N6 $1,990,000 CAD ($744.48 CAD/SF)
Investment Highlights
- Close proximity to Chilliwack’s District 1881, a revitalized retail and cultural hub.
- Features a two-bedroom residential suite with income potential above $2,000 per month.
- Convenient access to major regional routes, including Highway 1.
- Includes flexible warehouse/shop space and an adjoining office layout.
- Offers CS-L zoning for a broad spectrum of commercial uses.
- Built in 2008 with fire protection and security systems in place.
Executive Summary
This highly adaptable commercial property at 45908 Cheam Avenue offers a dynamic investment opportunity in the rapidly growing city of Chilliwack. Situated near the vibrant District 1881 and downtown core, the property provides exceptional accessibility and visibility in one of the region’s most transformative neighborhoods.
The building includes a versatile layout featuring approximately 2,092 sq. ft. of shop and warehouse space, 581 sq. ft. of office space, and a spacious two-level residential suite of 1,568 sq. ft. The suite offers an additional income stream with rental potential around $2,300 per month. The CS-L zoning allows a wide range of commercial applications, making the property ideal for owner-users or those seeking long-term investment security.
With direct access to local businesses, arterial routes, and Highway 1, this address ensures excellent connectivity across the Fraser Valley. Combined with strong population growth and increasing investor demand, this property stands out as a compelling choice for both entrepreneurs and investors seeking flexibility and value in a supply-constrained market.
The building includes a versatile layout featuring approximately 2,092 sq. ft. of shop and warehouse space, 581 sq. ft. of office space, and a spacious two-level residential suite of 1,568 sq. ft. The suite offers an additional income stream with rental potential around $2,300 per month. The CS-L zoning allows a wide range of commercial applications, making the property ideal for owner-users or those seeking long-term investment security.
With direct access to local businesses, arterial routes, and Highway 1, this address ensures excellent connectivity across the Fraser Valley. Combined with strong population growth and increasing investor demand, this property stands out as a compelling choice for both entrepreneurs and investors seeking flexibility and value in a supply-constrained market.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,673 SF
Building Class
C
Year Built
2008
Price
$1,990,000 CAD
Price Per SF
$744.48 CAD
Building Height
2 Stories
Building FAR
0.34
Lot Size
0.18 AC
Zoning
CS-L
Frontage
56’ on Cheam ave
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 4
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45908 Cheam Ave
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