Contacts
Steve Da Cruz
CASM Global
CCIM
(604) 377-2527
Property Details
- Property Type Mixed Use
- Property Size 40,000 SF
- Lot Size 18,611 SF
- Zoning C-3
- # of Floors 3
- Average Floor Size 18,000 SF
- Property Tenancy Multi-Tenant
- Year Built 1967
- Year Renovated 2023
- Date Updated Jan 12, 2024
The Subject Property is a rare opportunity to acquire a high income asset designated for medium density mixed-use in Chilliwack's Official Community Plan. The current property features ~40,000 SF of entertainment oriented business operations, along with third floor residential accommodation.
The building is situated on ~18,611 SF zoned C-3 Town Center Commercial. Placed at the in heart of the downtown core, just off the famous “Five Corners” and adjacent to the prestigious 1881 District Development which is a neighbourhood of distinctive architecture and historic buildings crisscrossed by pedestrian alleys filled with loft-style apartments, unique office spaces, and locally owned restaurants, breweries and retail shops. Outstanding walkable amenities.
The Subject Property is also strategically located within a 400m radius of the Downtown Transit Exchange. Recently, the Province of BC has enacted Bill 47 in which the legislation allows the Province the option of designating Transit Oriented Areas (TOA) around rapid transit, train stations, and bus exchanges. The minimum density contemplated for the Subject Property suggests 2.5 FAR or 6 Storeys which is greater than the current OCP designation.
Additionally, the Vendor may consider a lease-back scenario upon completion. For further details or to tour, please contact Cynthia Dong or Steve Da Cruz.
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Attachments
Getting around
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98/100
Walk Score ®
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46/100
Transit Score ®
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65/100
Bike Score ®
Location
- City Chilliwack, BC
- Neighborhood Chilliwack Proper
- Postal Code V2P 2C7
Points of Interest
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Chilliwack
0.51 miles
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Esso
0.20 miles
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Husky
0.37 miles
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Chevron
0.40 miles
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Shell Express
0.85 miles
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Chevron
0.88 miles
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Esso
0.89 miles
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Petro-Canada
1.15 miles
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Esso
1.33 miles
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Shell
1.71 miles
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Mobil
1.93 miles
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Lickman Park & Ride
2.96 miles
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V.M.M.C. Member Parking
6.54 miles
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Thompson Regional Park
7.12 miles
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Elk Mountain Trail Parking Lot
7.57 miles
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Jade Bay Boat Launch
8.04 miles
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Teapot Hill Parking Lot
9.01 miles
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Chadsey Lake Parking Lot
9.72 miles
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Watt Creek Parking Lot
9.99 miles
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The Royal Hotel
0.04 miles
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Coast Chilliwack Hotel by APA
0.21 miles
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Rainbow Motor Inn
1.23 miles
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Travelodge Hotel by Wyndham Chilliwack
1.71 miles
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Comfort Inn Chilliwack
2.05 miles
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Hampton Inn by Hilton Chilliwack
2.72 miles
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SureStay Hotel by Best Western Chilliwack
3.05 miles
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Lake Errock Motel
4.23 miles
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Vedder River Inn
4.38 miles
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Kilby Lodge
4.53 miles
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Save-On-Foods
0.16 miles
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Kent's Chicken Coop
0.27 miles
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Edwards Crossing
0.29 miles
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Southgate Shopping Centre
0.39 miles
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Safeway
0.41 miles
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Alexander Young Centre
0.44 miles
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Yale Road Market
0.44 miles
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Chevron Food Mart
0.87 miles
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IGA
1.07 miles
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Walmart Supercentre
1.83 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Steve Da Cruz
CASM Global
CCIM
(604) 377-2527