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3187 262B STREET - MLS® # R2553913

Property Details


List Price
$6,849,000
Living Area
2,028 sqft.
Bedrooms
4
Bathrooms
2 full, 1 half
Lot Size Area
1 sq.ft.
Taxes
7001.08
Type
House/Single Family
Style
2 Storey w/Bsmt., Basement Entry
Basement
Full, Separate Entry
Year Built
1974

Description

Location, location, location....Attention all investors and developments, right on Fraser Hwy and 262B St, next to Aldergrove Village Shopping Centre. Amazing opportunity to purchase rare commercial/residential mixed free hold property right on the corner of a busy street. This cash producing property with great cap rate won't last long. Rental income from the house on the property is minimum $2000/month, business income on the property pays $5500/month 6 years term with increase of rent to $6000/month after 3 years. Buy and let the property pay for it's self or redevelop, taking advantage of the M-2 zoning. Contact now for your private showing, don't wait. Possible combine sale with lot next door R2559480.

Listing Provided By

RA Realty Alliance Inc.

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 Real Estate Listing provided by
  • Kevin Brown
  • 604-916-8000
  • 604-916-8000
  • (604) 795-2955
  • kevin@callbrown.com
  • Homelife Advantage Realty Ltd.
  • 8387 Young Road
  • Chilliwack, BC
  • V2P 4N8