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45831 Railway Ave 3,663 SF Retail Building Chilliwack, BC V2P 1L4 $1,461,136 USD ($398.89 USD/SF) 3.38% Cap Rate
Investment Highlights
- Featuring M1 zoning, the property allows for a wide range of business opportunities.
- Call to tour.
Executive Summary
Prime Commercial Opportunity - Versatile M1 - Zoned Property. This nearly 4,000 sq. ft. commercial building offers exceptional potential in a high-demand area suited for both retail and industrial use. Featuring M1 zoning, the property allows for a wide range of business opportunities. Key features include: Two 10-foot garage doors for easy access and loading, lane access for added convenience and functionality and up to 7 parking spots out front. This spacious layout can accommodate various business needs and has the ABILITY TO BE SPLIT IN 2 SEPARATE AREAS EACH WITH A BATHROOM, SHOP DOOR, AND THEIR OWN ENTRANCE. This building also had the ROOF REPLACED in 2022. Whether you're looking for a retail storefront, warehouse, workshop, or investment property, this space is ready to meet your needs. Don't miss out on this excellent commercial opportunity! * PREC - Personal Real Estate Corporation
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,663 SF
Building Class
C
Year Built
1988
Price
$1,461,136 USD
Price Per SF
$398.89 USD
Cap Rate
3.38%
NOI
$49,316 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.70
Lot Size
0.12 AC
Zoning
M1
Parking
4 Spaces (1.17 Spaces per 1,000 SF Leased)
Frontage
55’ on Railway ave
Amenities
- 24 Hour Access
- Bus Line
- Security System
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Taylor Made
- -
- 3,428 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Taylor Made | - | 3,428 SF | - | - |
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (74)
Nearby Major Retailers
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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45831 Railway Ave
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