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