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5625 Promontory Rd - Retail Plaza with excess Land 1.78 Acres of Commercial Land in Chilliwack, BC V2R 0K5

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EXECUTIVE SUMMARY

Retail income producing plaza with excess land located at the corner of Promontory Road and Teskey Road. This 1.78-acre site is improved with a fully leased 5,920 sq.ft. retail plaza (Promontory Plaza) with 4 retail tenants, including a pharmacy, Sushi restaurant, pizzeria and vape shop generating an approximate annual NOI of $145,000.

Brochure

PROPERTY FACTS

Sale Type	Investment	Property Subtype	Commercial
No. Lots	1	Proposed Use	Commercial Retail Storefront, Retail or Residential
Property Type	Land	Total Lot Size	1.78 AC
Zoning	C-2 - Local Commercial Zone

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Storefront, Retail or Residential
Total Lot Size	1.78 AC
Zoning	C-2 - Local Commercial Zone

1 LOT AVAILABLE

Lot

Lot Size	1.78 AC

Lot Size	1.78 AC

The Property offers holding income and excess land - offering diverse redevelopment possibilities, in the lovely Promontory Heights neighborhood.

DESCRIPTION

Situated in the highly sought after Sardis/ Promontory Heights neighborhood, this property offers 121 metres of exposure along Promontory Road, providing exceptional exposure to local traffic and the surrounding community. The site enjoys expansive valley views to the north and provides close proximity to key amenities, including direct access to transit, major roadways, and essential services. The Property is zoned for a mix of residential and commercial use providing a range of possibilities, whether for further commercial expansion, residential development, or mixeduse projects, aligned with the city’s growth plans and evolving urban landscape. The surrounding area of Vedder Road and the Promontory neighborhood of Sardis have been experiencing significant development and population growth, making it a strategic location for future investment

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