Two-story building featuring white horizontal siding, a light brown awning, and brick detailing on the lower level

$3,288,880

48000 Yale Road, Chilliwack, BC V4Z 0A8

MLS® C8078879

Description

Prime East Chilliwack opportunity! Situated on a massive 0.85-acre lot, this 1968-built multi-family commercial asset presents a rare value-add investment. Currently operating as a low-rise multi-tenant multiplex, this property offers incredible redevelopment potential or immediate cash flow with historically strong rental demand. Conveniently located near the heart of Chilliwack. Whether you're looking to maintain a steady revenue stream or reimagine a multi-family haven, this property is primed for your long-term vision.

Property

Property type

Commercial Sale

Style

Multi Family

Structure

Low Rise (2-4 storeys), Mul Tenant/MultiPlex (5+)

Year built

1,968

Ownership

Freehold

Levels

2

Lot and parking

Lot size

37,026 sq ft

Costs

Annual property tax

$13,372

Tax year

2,025

Location

Area

Chilliwack

Neighbourhood

East Chilliwack

Waterfront

No