44755 YALE ROAD, West Chilliwack
Chilliwack, British Columbia
MLS® C8081333
$11,199,000
- Status
- Active
- Property type
- Industrial
- MLS® number
- C8081333
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1992
1 / 27Listing 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.
Property summary
- MLS® number
- C8081333
- Property type
- Industrial
- Square footage
- 15,703 sq ft
- Land size
- 2.43 acres
- Built in
- 1992
- Parking
- Visitor Parking
- Days on market
- 33 days
What would this home cost you?
Based on the $11,199,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Bob Plowright Realty, Chilliwack.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.