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45789 Spadina Ave 6,661 SF 100% Leased Retail Building Chilliwack, BC $1,523,324 USD ($228.69 USD/SF)

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EXECUTIVE SUMMARY

A well maintained single level commercial building fully leased and located on a high traffic corner with 6 retail stores and one office space. Features include a brick and cement block exterior, roof replaced 2009, 7 new HVAC's units in last 5 years, separate gas and electric meters, secured entry to rear office space. Properties in close proximity are under redevelopment and will add a substantial number of new residences. This multi-tenant building is an ideal investment as current lease rates are below market providing an opportunity to increase income and accordingly add value. OCP - Urban Quarter: Mixed use Future Development Potential retail at street level with office and residential above. Subject to regulation. An investment with an upside!! Call to obtain the detailed information package and to set up your private viewing ... DO NOT CONTACT TENANTS

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,661 SF
Building Class
C
Year Built
1962
Price
$1,523,324 USD
Price Per SF
$228.69 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.73
Lot Size
0.21 AC
Zoning
C3
Frontage
128’ on Spadina Ave
Walk Score®
Walker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
Blenz Coffee
Save-On-Foods
TD Canada Trust
CIBC
Scotiabank
RBC Royal Bank
TacoTime
Freshco
bb.q Chicken
  • Listing ID: 34940050

  • Date on Market: 2/25/2025

  • Last Updated:

  • Address: 45789 Spadina Ave, Chilliwack, BC

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