Shopping Strip
8989-8999 Young Road & 45948 Chesterfield Avenue
8989 Young Rd, Chilliwack, BC V2P 4R9
Listing Price: $5,850,000
Investment Overview
The Subject Property presents a rare opportunity to acquire a fully leased strip mall with development potential on a half city block in the heart of Chilliwack. The strip mall of the Subject Property is an 18,127 SF building, situated on a 0.74 acre lot, with a diverse tenant mix that minimizes risk. Designated as Village Quarter under the Chilliwack Official Community Plan, prospective purchasers can enjoy an income-generating asset while Chilliwack continues to evolve and densify.
8989-8999 Young Road & 45948 Chesterfield Avenue
Investment Highlights
- Fully leased strip mall situated on a half city block near the rapidly evolving Downtown Chilliwack
- 18,127 SF building on a 0.74 acre lot on Young Road, one of Chilliwack's main traffic arterials
- Development potential by in way of its Village Quarter designation under the Official Community Plan which allows for a 4 storey mixed use development of up to 100 units per hectare
Exclusively Listed By
Shopping Strip
8989-8999 Young Road & 45948 Chesterfield Avenue
Listing Price: $5,850,000
Investment Highlights
- Fully leased strip mall situated on a half city block near the rapidly evolving Downtown Chilliwack
- 18,127 SF building on a 0.74 acre lot on Young Road, one of Chilliwack's main traffic arterials
- Development potential by in way of its Village Quarter designation under the Official Community Plan which allows for a 4 storey mixed use development of up to 100 units per hectare
Investment Overview
The Subject Property presents a rare opportunity to acquire a fully leased strip mall with development potential on a half city block in the heart of Chilliwack. The strip mall of the Subject Property is an 18,127 SF building, situated on a 0.74 acre lot, with a diverse tenant mix that minimizes risk. Designated as Village Quarter under the Chilliwack Official Community Plan, prospective purchasers can enjoy an income-generating asset while Chilliwack continues to evolve and densify.
Exclusively Listed By
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