8999 Young Road, Chilliwack Downtown, Chilliwack (C8057731)

8999 Young Road

Chilliwack Downtown, Chilliwack

$5,850,000

18,127 sqft | 32,234 sqft

We are pleased to present for sale 8989-8999 Young Road & 45948 Chesterfield Avenue, Chilliwack, B.C. (the "Subject Property"). The Subject Property presents a rare opportunity to acquire a value-add strip mall with development potential on a half city block in the heart of Chilliwack. The strip mall of the Subject Property is a 18,127 SF building situated on a 0.74 acre lot with the opportunity for immediate value-add by leasing up the current vacancy and getting the current… below-market rents to market. 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.
Listed by Marcus & Millichap.

We are pleased to present for sale 8989-8999 Young Road & 45948 Chesterfield Avenue, Chilliwack, B.C. (the "Subject Property"). The Subject Property presents a rare opportunity to acquire a value-add strip mall with development potential on a half city block in the heart of Chilliwack. The strip mall of the Subject Property is a 18,127 SF building situated on a 0.74 acre lot with the opportunity for immediate value-add by leasing up the current vacancy and getting the current below-market rents to market. 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.

Listed by Marcus & Millichap.

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Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.