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45789 Spadina Avenue
Chilliwack Downtown Chilliwack V2P 1T5

$2,090,000
Office, Retail

Main Photo: 45789 Spadina Avenue in Chilliwack: Chilliwack Downtown Office for sale : MLS®# C8072143
Photo 1: 45789 Spadina Avenue in Chilliwack: Chilliwack Downtown Office for sale : MLS®# C8072143
Photo 2: 45789 Spadina Avenue in Chilliwack: Chilliwack Downtown Office for sale : MLS®# C8072143
Photo 3: 45789 Spadina Avenue in Chilliwack: Chilliwack Downtown Office for sale : MLS®# C8072143
Photo 4: 45789 Spadina Avenue in Chilliwack: Chilliwack Downtown Office for sale : MLS®# C8072143
Photo 5: 45789 Spadina Avenue in Chilliwack: Chilliwack Downtown Office for sale : MLS®# C8072143
Photo 6: 45789 Spadina Avenue in Chilliwack: Chilliwack Downtown Office for sale : MLS®# C8072143
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Status:
Active
Prop. Type:
Office, Retail
MLS® Num:
C8072143
Build. Type:
Freestanding
A well maintained single level commercial building fully leased and located on a high traffic corner with 6 retail stores and one office space. Features include a brick and cement block exterior, roof replaced 2009, 7 new HVAC's units in last 5 years, separate gas and electric meters, secured entry to rear office space. Properties in close proximity are under redevelopment and will add a substantial number of new residences. This multi-tenant building is an ideal investment as current lease rates are below market providing an opportunity to increase income and accordingly add value. OCP - Urban Quarter: Mixed use Future Development Potential retail at street level with office and residential above. Subject to regulation. An investment with an upside!! Call to obtain the detailed information package and to set up your private viewing ... DO NOT CONTACT TENANTS.
Sale Type:
Asset
Sublease:
Yes
Ownership:
Freehold
Property Type:
Office, Retail
Commercial Type:
Retail
Construction:
Concrete Block
Num Storeys:
1
Building Type:
Freestanding, Mixed Use, Street-Level Storefront
# Bldgs:
1
Year built:
1962 (Age: 63)
Living Area:
6,661 sq. ft.
Lot Area:
9,147.6 sq. ft.
Zoning:
Potential to Redevelop:
Yes
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Cooling:
Forced Air, Separate Controls, Air Conditioning, HVAC System
Electricity:
No
Services Connected:
Fully Serviced, Street Lighting, Sidewalk
Sewer:
Public Sewer
Parcel Number:
018078966
Taxes:
$17,414.33 / 2025
Storefront
No
No
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by RE/MAX Bob Plowright Realty
Data was last updated October 3, 2025 at 01:40 AM (UTC)