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Seven-unit Chilliwack retail complex sold for $3.1M

12,097-square-foot Flemings Corner retail complex fetches more than $145K per year in rental income
Done Deal Tyson Rd Chilliwack retail complex

Macdonald Commercial Real Estate Services Ltd. reported that the Flemings Corner retail complex, in a fast-growing area of Chilliwack, B.C., has sold for $3.1 million. The seven-unit complex brings in $145,314 per year in rental income. 

Breakdown:

Price: $3,100,000

Property type: Retail

Building size: 12,097 square feet

Lot size: 23,522 square feet

Number of retail units: 7

Number of residential units: 1

Year built: 1996

Zoning: C1A (Neighbourhood Commercial Centre)

Address: 5960 Tyson Road

City: Chilliwack, B.C.

Name of brokerage: Macdonald Commercial Real Estate Services Ltd.

Name of agent: James Lee