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$ 4,199,000
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821 SIXTH AVE #1-5, A, D, E Hope, BC V0X 1L2
13,000 SqFt
UPDATED:
11/05/2024 10:05 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 13,000 sqft
Price per Sqft $323
Subdivision Hope
MLS Listing ID C8062603
Year Built 1990
Annual Tax Amount $28,858
Tax Year 2023
Property Description
Huge reduction, and CAP Rate is now 5%. Strip mall located in downtown of growing Hope, BC. Zoned CBD, allowing variety of uses. Good CAP rate, and priced below appraisal value. It is a mixed commercial building with five retail units on main and five apartment units on top. Total of eight strata titles and 52 parking stalls. Huge corner lot, about 0.65 acre. Metal roof was installed in 2015, and building was completed around 1992. Opportunity to add potential growth in your investment portfolio. All appointments must be done through the listing realtor. All measurements are approximate and buyers to verify all information if deemed important.
Location
State BC
Community Hope
Area Hope & Area
Zoning British Columbia Default Zone
Region Chilliwack
City Region Chilliwack
Exterior
Community Features Hope
Amenities Available Laundry Facility, Storefront, Visitor Parking
Water Access Desc Municipal
Roof Type Metal Shingles
Building
Building Description Concrete Block,Wood Frame, Commercial Mix,Shopping Centre,Strip Mall
Story 2
Sewer Municipal/Community
Water Municipal
Structure Type Concrete Block,Wood Frame
Listed by Coldwell Banker Executives (Kamloops) (AOIR)