6396 SUMAS PRAIRIE ROAD|Greendale, Chilliwack | $2,999,999

Exceptional 0.63-acre property in the highly sought-after Greendale area. This versatile parcel features a well-maintained five-bedroom, two-bath family home along with a four-unit commercial building. The spacious 2,134 sq. ft. residence offers a large private backyard with stunning mountain views and showcases a thoughtful blend of updated and original features. The property also presents excellent redevelopment potential for a two-storey commercial building with six storefronts and loading bays. All existing units are fully leased to reliable long-term tenants who would be pleased to remain. The asking price reflects an estimated 5.26% cap rate return. A rare and outstanding opportunity to acquire a truly special property.

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Description

Exceptional 0.63-acre property in the highly sought-after Greendale area. This versatile parcel features a well-maintained five-bedroom, two-bath family home along with a four-unit commercial building. The spacious 2,134 sq. ft. residence offers a large private backyard with stunning mountain views and showcases a thoughtful blend of updated and original features. The property also presents excellent redevelopment potential for a two-storey commercial building with six storefronts and loading bays. All existing units are fully leased to reliable long-term tenants who would be pleased to remain. The asking price reflects an estimated 5.26% cap rate return. A rare and outstanding opportunity to acquire a truly special property.

General Info

MLS Listing ID: R3085990 Bedrooms: 3 Bathrooms: 2 Year Built: 1970
Parking: N/A Heating: Forced air Lotsize: 27227 sqft Air Conditioning : N/A
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: None

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .