Restaurant Space for Lease in Chilliwack
- Status:
- Active
- Prop. Type:
- Commercial Lease
- MLS® Num:
- C8062572
- Build. Type:
- Street-Level Storefront
- Photos (13)
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Downtown Chilliwack is changing rapidly; this property is one block from the 1881 project, which has been an enormous success and brought a highly desirable demographic to the area. Perfect for pharmacy, restaurant, entertainment venue, medical clinic, furniture store or fitness business. Located on a corner, the C3 zoned property is directly across from a large city parking lot and beautiful city park. The building has a newer roof, HVAC, exterior paint and awnings. Clean space is a 'blank slate' with mens & women's washrooms intact. Victoria Avenue is now a one-way street between Young Road and Nowell Street, there's City parking lots adjacent, better street lighting, etc.
- Sale Type:
- Lease
- Lease Type:
- Net
- Sublease:
- Yes
- Property Type:
- Commercial Lease
- Commercial Type:
- Retail
- Construction:
- Mixed
- Building Type:
- Street-Level Storefront
- Leasable Area:
- 3,766 sq. ft.
- Contiguous Spc:
- 3,766 sq. ft.
- Minimum Divisible Area:
- 3,766 sq. ft.
- Title to Land:
- Freehold
- Lot Area:
- 4,356 sq. ft.
- Zoning:
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- Fencing:
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- # Of Parking Spaces - Total:
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- Road Frontage:
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- Heating:
- Signup
- Cooling:
- Forced Air, Air Conditioning, HVAC System
- Electricity:
- No
- Services Connected:
- Curb/Gutter, Fully Serviced, Sidewalk
- Sewer:
- Public Sewer, Sanitary Sewer, Storm Sewer
- Parcel Number:
- 700012131
- Taxes:
- $12,249.94 / 2024
- Washrooms Female/Male
- No
- 2.5% OF THE 1ST YEAR BASE RENT PLUS 1.15% OF THE REMAINING TERM BASE RENT TO A MAXIMUM OF 10 YEARS; EXCLUDING RENEWAL PERIODS
- Yes
- Cap Rate %:
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- Gross Income:
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- Oper. Expenses:
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- Other Income:
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- Effective Gross Income:
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- Net Operating Income:
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- Basic Rent per Month:
- 8473.5
- Additional Rent per Month:
- 2197.0
- Basic Rent per Annum:
- 101682.0
- Basic Rent per Annum per SF:
- 27.0
- Additional Rent per Annum per SF:
- 7.0
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Listed by Saba Realty Ltd.
Data was last updated April 8, 2025 at 03:35 AM (UTC)
- Karan Ghai
- REXARA REALTY INC
- 1 (778) 3173190
- info@karanghai.ca
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2025 by the Greater Vancouver REALTORS®,
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