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For Sale

1.09 Acre Mixed-Use Development Site

46040 Airport Road & 8392 Young Road
CHILLIWACK

1.09 ACRES | Residential Development Land
FIRM DEAL

The Opportunity

1.09 Acre Mixed-Use Development Site

This offering is an opportunity to acquire a 1.09 acre, 4 storey mixed-use infill development site in Chilliwack. The proposed development includes ground floor commercial and parking beneath 32 residential units over floors 2 to 4. An application has yet to be submitted so final design remains flexible. The subject site is located near Chilliwack’s downtown core and benefits from close proximity to many amenities including shops, restaurants and schools.

Summary

Property
Attributes

Land Size

1.09 acres

Location

46040 Airport Road & 8392 Young Road
CHILLIWACK

View in Google Maps

Property
Features

The subject site is currently zoned Service Commercial Industrial (CSM); however, as the existing commercial building must be demolished by December 2021, a rezoning to Local Commercial (C2) for the proposed mixed-use development (shown below) is strongly supported by City staff. The proposed development possesses a total density of 42,250 buildable square feet and is comprised of ground floor commercial and 32 residential units on floors 2 to 4. The site is encumbered by a watercourse for which extensive environmental analysis has been conducted to ensure the proposed development complies with all setback regulations. The development application has yet to be submitted.

About The
Location

The site it centrally located near Downtown Chilliwack and near a comprehensive collection of amenities and schools including Robertson Elementary, Highroad Academy, and Kwíyeqel Secondary School. With a short 3 minute drive to Highway 1, access throughout the Lower Mainland and Metro Vancouver is readily available.