Call: (604) 866-5585
- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- C8062308
- Bus Major:
- Accommodation Travel & Tourism
- Bus Minor:
- Hotel/Motel
- Build. Type:
- Low Rise (2-4 stories)
- Photos (25)
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This property presents a rare opportunity to acquire a 21,000+ SqFt historic hotel with 27 charming bed and breakfast suites, ideally situated in the rapidly transforming downtown Chilliwack area. The Royal Hotel, partially updated in 2000 and 2022, boasts a rich history and modem upgrades, including full sprinklers, updated plumbing, electrical systems, heating, air conditioning, and ventilation. The property also features multiple restaurant spaces, including a 155-seat dining area with an additional banquet room for larger events. Sold as-is-where-is, this unique investment is Subject to Court Approval and offers immense potential in a thriving location.
- Sale Type:
- Asset
- Major Bus Type:
- Accommodation Travel & Tourism
- Minor Bus Type:
- Hotel/Motel
- Construction:
- See Remarks
- Building Type:
- Low Rise (2-4 stories), Commercial Mix, Residential Mix
- # Units:
- 0
- # Other Units:
- 0
- # of Apartments:
- 27
- # of Studio Apartments:
- 0
- # of Penthouse Apartments:
- 1
- # of Bachelor Apartments:
- 0
- # of 4+ Bedroom Apartments:
- 0
- # of 1 Bedroom Apartments:
- 0
- # of 2 Bedroom Apartments:
- 0
- # of 3 Bedroom Apartments:
- 0
- # Storeys:
- 3.0
- Year built:
- 1908 (Age: 117)
- Total Floor Area:
- 21,500 sq. ft.
- Lot Area:
- 12,264 sq. ft.
- Lot Depth:
- 109.9
- Lot Frontage:
- 112'10"
- Land Use/Zoning:
- C3
- Permitted Use:
- Residential, Retail
- Taxes:
- $14,579.82 / 2024
- Water Supply:
- Municipal
- HVAC:
- See Realtor Remarks
- Roof:
- Other
- Sewer Septic:
- Municipal/Community
- Env Assmt Phase:
- Not Applicable
- Cap Rate %:
- 0.0
- Other Income:
- $0
- Effective Gross Income:
- $0
- Gross Income:
- $0
- Oper. Expenses:
- $0
- Net Operating Income:
- $0
- Previous Price:
- $5,099,900
- Original Price:
- $5,099,900
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Listed by Century 21 Creekside Realty Ltd.
Data was last updated January 15, 2025 at 12:10 AM (UTC)
- Rod Friesen & Associates
- Century 21 Creekside Realty LTD
- 604-866-5585
- Contact by Email
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