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Chetwynd commercial site sells for $550,000

The 0.42-acre retail parcel in city centre, with 11,100-square-foot single-tenant building, sold for below its assessed value.
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NAI Commercial, Vancouver, for Western Investor

Property: Retail

Location: 5042 NW 49th Avenue, Chetwynd, B.C.

Number of units: 1

Size of building: 11,100 square feet

Size of land: 18,191 square feet

Land size in acres: 0.42 acres

Zoning: C1- Town Centre commercial

BC Assessment value: $649,000

List price: $625,000

Sale price: $550,000

Date of sale: June 21, 2021

Brokerage: NAI Commercial, Vancouver

Broker:  Danny Su