45975 WELLINGTON AVENUE, Chilliwack | $1,950,000

BEST CORNER LOCATION In the HEART of DOWNTOWN CHILIWACK "??district 1881.' This beautiful Building has been fully renovated and has a good tenant. Enjoy the solid rental income now NET around $140,000. Red Chili's Restaurant and Pub signed a 5 year escalating lease on September 2022. Wonderful Potential for future higher density redevelopment according to the Chiliwack downtown land use plan. New windows, new roof, new HVAC and exterior facade remodelled to retain the old world charm. Solid investment in the downtown vibrant bustling community. District 1881 in Downtown Chilliwack is a neighbourhood of distinctive architecture and historic buildings cross crossed by pedestrian alley, unique office spaces, locally owned restaurants, breweries and retail shops. Call for more information today.

Description

BEST CORNER LOCATION In the HEART of DOWNTOWN CHILIWACK "??district 1881.' This beautiful Building has been fully renovated and has a good tenant. Enjoy the solid rental income now NET around $140,000. Red Chili's Restaurant and Pub signed a 5 year escalating lease on September 2022. Wonderful Potential for future higher density redevelopment according to the Chiliwack downtown land use plan. New windows, new roof, new HVAC and exterior facade remodelled to retain the old world charm. Solid investment in the downtown vibrant bustling community. District 1881 in Downtown Chilliwack is a neighbourhood of distinctive architecture and historic buildings cross crossed by pedestrian alley, unique office spaces, locally owned restaurants, breweries and retail shops. Call for more information today.

General Info


MLS Listing ID: C8062441 Bedrooms: 0 Bathrooms: 0 Year Built: 1972
Parking: N/A Heating: N/A Lotsize: 0.09 ac Air Conditioning : N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .