9259 Young Road in Chilliwack: Chilliwack Downtown Business with Property for sale in "Woodstone Building" : MLS®# C8073112

Motivated seller! This standalone building in downtown Chilliwack has amazing future potential. With recent rezoning allowing high-density use (confirm with Chilliwack City Hall), it features seven fully leased residential units upstairs and six retail spaces below. Business assets and names are not included. The commercial leases offer a three-year term with an additional three-year renewal option, and the owner is open to selling a 50% share of the property. Plus, a new public .If you required part of commercial space we can negotiate. The seller is willing to lease back the entire building for 25K net.

General Info:

Sale Type:: Share

Ownership:: Freehold

Property Type:: Business with Property, Multi-Family Commercial

Commercial Type:: Multi Family

Business Name:: DELIJAN ENTERPRISE COMPANY LTD.

Business Type:: Travel, Hotel/Motel

Business Established Year:: 2021

Construction:: Concrete Block, Mixed

Name of Complex/Subdivision:: Woodstone Building

Num Storeys:: 2

Building Type:: Mixed Use, Mul Tenant/MultiPlex (5+)

# Units Total:: 13

# Other Units:: 0

# of Apartments:: 7

# of Studio Apartments:: 0

# of Penthouse Apartments:: 0

# of Bachelor Apartments:: 2

# of 4+ Bedroom Apartments:: 0

# of 1 Bedroom Apartments:: 2

# of 2 Bedroom Apartments:: 2

# of 3 Bedroom Apartments:: 1

Year built:: 1955 (Age: 71)

Living Area:: 7,900 sq. ft.734 m2

Retail Size:: 4,135 sq. ft.384 m2

Lot Area:: 3,920.4 sq. ft.364 m2

Zoning:: Signup

Potential to Redevelop:: No, Yes , Ask City of Chilliwack

Fencing:: Signup

# Of Parking Spaces - Total:: Signup

Road Frontage:: Signup

Heating:: Signup

Cooling:: Mixed

Electricity:: Yes

Services Connected:: Cable Connected, Electricity Connected, Fully Serviced, High Speed Internet at Lot Line, Natural Gas Connected, Phone Connected, Street Lighting, Sidewalk