5,770 ft²Industrial$599,000Sale
5,770 ft²
Industrial
$599,000
Sale
Matt Syberg-Olsen
Marcus & Millichap
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PRICE REDUCTION Marcus & Millichap is pleased to offer the opportunity to purchase a 5,770 square foot, secure, level industrial yard in Chilliwack's downtown industrial area. M-1 zoning allows for light manufacturing, warehousing and a variety of trade uses. Current Lease offers an attractive 7.2% cap rate at asking price. Proximity to Yale and Young Roads facilitates easy access to Highway 1 and the Greater Chilliwack area. Utilities are at the lot line and property is ideal for owner/users looking for yard space or build-to-suit opportunities.
The Space
Asking Price$599,000
Available Space5,770 ft²
Net Operating Income$43134.12
Property UseIndustrial
ZoningM-1 Light Industrial
Cap Rate7.2%
Net Operating Income$43,134/yr
SourceDirect
The Building
Property TypeIndustrial
Lot Size5,770 ft²
Up to $500K for British Columbia businesses
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