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45871 Rowat Avenue
Chilliwack Proper South Chilliwack V2P 1J2

$499,900
Industrial, Land Commercial

Status:
Active
Prop. Type:
Industrial, Land Commercial
MLS® Num:
C8082470
RARE M1 ZONED INVESTMENT OPPORTUNITY! Situated in the heart of town, this 3-bedroom, 1-bath home offers immediate rental potential and outstanding future upside. Set on a 4,822 sq.ft. lot with valuable rear lane access, this property is ideally positioned for investors, developers, and business owners seeking scarce M1 (Light Industrial) zoning. The existing 1,000 sq.ft. home provides holding income while future plans take shape. Buy, hold, lease, develop, or build—this is a unique opportunity to secure a strategically located M1-zoned property with exceptional long-term potential.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Industrial, Land Commercial
Commercial Type:
Industrial
Construction:
Frame Wood
Living Area:
1,673 sq. ft.
Subject Property Depth:
91'
Subject Property Width:
51'
Lot Area:
4,356 sq. ft.
Zoning:
Potential to Redevelop:
M1 ZONING ALLOWS FOR LIGHT INDUSTRIAL USE, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Cooling:
Forced Air
Electricity:
No
Sewer:
Public Sewer
Parcel Number:
012318124
Taxes:
$3,078.95 / 2025
No
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
M1 ZONING ALLOWS FOR LIGHT INDUSTRIAL USE, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
Listed by Pathway Executives Realty Inc (Yale Rd)
Data was last updated October 11, 2026 at 08:35 AM (UTC)
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