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$ 11,199,000
Est. payment /mo
Active
44755 YALE ROAD|West Chilliwack Chilliwack, BC V2R4H3
15,703 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 15703
Square Footage 15,703 sqft
Price per Sqft $713
MLS® Listing ID C8081333
Year Built 1992
Lot Size 2.430 Acres
Acres 2.43
Property Description
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:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by RE/MAX Bob Plowright Realty