My Listings
45916 WELLINGTON Avenue
Chilliwack Downtown
Chilliwack
V2P 2C7
$5,888,800
Business with Property
- Status:
- Sold
- Prop. Type:
- Business with Property
- MLS® Num:
- C8059593
- Sold Date:
- Jul 01, 2024
- Bus Major:
- Arts and Entertainment
- Bus Minor:
- Entertainment/Arcade
- Build. Type:
- Commercial Mix
Amazing opportunity in downtown Chilliwack! This prime 18,611 sqft property is almost half an acre with a solid concrete three-storey 40,119 sqft building. The current use and included in this sale is the famous Chillibowl Lanes, established in 1982 this business offers 24 - 5 pin bowling lanes, pub, and a restaurant main floor, the upper floor features 17 tournament-style pool tables and huge arcade, the top floor in the manager suite. The business is easy to run and generates huge a cash flow. The property has enormous upside potential as it is C3 zoned, this land-designated Village Quarter that offers low-rise mixed-use buildings up to 4 storeys in height with a range of local, neighbourhood commercial amenities including grocery stores and restaurants on street level. and apartments above. Phase one environment is available and business details are also available upon request. Listed $2 million under BC assessment. Projected CAP of over 6% rate. Welcome Asset or Share sale.
- Price:
- $5,888,800
- Business (Major):
- Arts and Entertainment
- Property Type:
- Commercial
- Business (Minor):
- Entertainment/Arcade
- MLS® Num:
- C8059593
- Status:
- Sold
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Listed by Sutton Group-West Coast Realty
Data was last updated October 10, 2024 at 09:10 PM (UTC)
- CATHY LIU
- SUTTON GRP WEST COAST REALTY
- 1 (604) 3176188
- Contact by Email
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.
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