Property for sale in Chilliwack, British Columbia. Listed at $11,199,000.
15703 sq ft · Built in 1992
MLS® 30170323
Exceptional industrial investment and future development opportunity on 2.43 acres along Yale Road West. The property features a 15,703 sq. ft. industrial building and is fully leased to a quality tenant, generating $400,000+ in annual net income and providing strong holding income from day one. Well equipped for its current use, the real long-term opportunity lies in the property's significant development potential. Investors can secure a substantial industrial site today while benefiting from immediate income, then explore opportunities to expand the existing improvements, construct additional buildings, or redevelop the property to accommodate multiple tenants and increase future rental income. With a prime industrial location, strong in-place income, and excellent long-term upside, this is an ideal opportunity for investors seeking both immediate returns and future growth. (id:27495)
Listing courtesy of RE/MAX Bob Plowright Realty · Bob Plowright
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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