7056 Cheam Ave, Agassiz, BC

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30149711
Property Subtypes: Free-Standing Building, Restaurant
Status: Pending
Building Size (RSF): 2,817 SF
Gross Land Area: 8,160 SF
Sale Price: $740,000
Unit Price: $262.69 PSF
Property Use Type: Investment
Building Name: Silvano's
Sale Terms: Cash to Seller
Cap Rate: 6.0%
Last Updated: 5/23/2018

Overview / Comments

Excellent investment opportunity to own a building with a long term restaurant tenant. With a lease in place until December 2023, this is a safe investment for someone looking for an income-producing property in a growing community. Showings require notice and we ask that you respect the tenant and not approach the business. Email or call today for further information.

Located in Agassiz, a friendly community resting at the intersection of Highway 9 and Highway 7, 97 kilometers east of Vancouver and directly north of the City of Chilliwack.‚Äč

Attachments & Media

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $7,639 (Annual)

Additional Details

Nearest CMA: Chilliwack
Regional District: Fraser Valley
Parcel ID: 011-149-272
Zoning: CT1 - TOWN CENTRE COMMERCIAL
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1989
Parking Type: Surface
Legal Description: PL NWP5512 LT 8 DL 19 LD 59


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