46198 Mellard Avenue

For Sale | Development Land | ± 8,774 SQFT | Contact Listing Agent
Overview

William Wright Commercial is proud to present this fourplex estate with development potential to the market. This property is currently zoned R5; Low Rise up to 4 stories or Townhouse development, sitting on over 8,700SF. Combined with the surrounding properties, there is the potential for almost 42,000SF of development land. There is exceptional holding income with 4 units commanding top dollar rents for the area. All of the suites have been modernized within the last 12 months. The building features updated flooring, overhauled mechanical repairs, features a coin operated laundry room as extra income, tons of storage areas, and 4 separate meters for hydro, etc. The building is in a great location that is walking distance to schools, downtown and shopping.

Details
Status

For Sale

Address

46198 Mellard Avenue, Chilliwack,
Canada

Size

± 8,774 SQFT

Type

Development Land

Price

Contact Listing Agent

Property Taxes

$4,700.54

Zoning

R5

Legal Description

Medium Density: Multi-Family Residential


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Mark Nemish
Mark Nemish

Commercial Sales & Leasing

Bikram Singh
Bikram Singh

Commercial Sales & Leasing

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This communication is not intended to cause or induce breach of an existing agency agreement. E&OE: All information contained herein is from sources deemed reliable, and have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.