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Chilliwack self-storage sold for $13.5 million

The facility was assessed at nearly $5 million
sure lock self storage
Price: $13,500,000
Lot Size: 4.7 acres 
Property Type: Industrial 
Zoning: M-3 
2016 B.C. Assessment Value: $4,886,400
Date of Sale: 05/12/2017
City: Chilliwack 
Province: B.C. 
Name of Brokerage: Royal LePage Wolstencroft 
A self-storage facility in Chilliwack has sold for 13.5 million, Ken Hick and Jamie Schreder of Royal LePage Wolstencroft report. 
The 4.7-acre site houses a 765-plus unit self-storage building, Sure Lock Self Storage. The property is zoned manufacturing use was listed on the market at $14.5 million. The site’s most recent assessed value was nearly $5 million, making its sale price more than double its worth. 
The property is located at 43903 Industrial Way, Chilliwack.


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