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45916 Railway Ave - 45916 Railway Ave 0.13 Acres of Commercial Land Offered at $599,000 CAD in Chilliwack, BC V2P 1L3
Investment Highlights
- Central Location
- Level, Secure Lot
- Flexible Industrial Zoning
Executive Summary
Marcus & Millichap is pleased to offer the opportunity to purchase a 5,770 square foot, secure, level industrial yard in Chilliwack's downtown industrial area. M-1 zoning allows for light manufacturing, warehousing and a variety of trade uses. Current Lease offers an attractive 8.01% cap rate at asking price. Proximity to Yale and Young Roads facilitates easy access to Highway 1 and the Greater Chilliwack area. Utilities are at the lot line and property is ideal for owner/users looking for yard space or build-to-suit opportunities.
Property Facts
| Price | $599,000 CAD | Property Type | Land |
| Sale Type | Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.13 AC |
| Zoning | M-1 - Light industrial (manufacturing, warehousing and a variety of trade uses) | ||
| Price | $599,000 CAD |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.13 AC |
| Zoning | M-1 - Light industrial (manufacturing, warehousing and a variety of trade uses) |
1 Lot Available
Lot 45916
| Price | $599,000 CAD | Lot Size | 0.13 AC |
| Price Per AC | $4,522,085.75 CAD |
| Price | $599,000 CAD |
| Price Per AC | $4,522,085.75 CAD |
| Lot Size | 0.13 AC |
PRICE REDUCTION Opportunity to purchase a 5,770 SF, secure, level industrial yard in Chilliwack's downtown industrial area. M-1 zoning allows for light manufacturing, warehousing and a variety of trade uses.
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
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45916 Railway Ave - 45916 Railway Ave
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