About 42255 & 42194 Arnold Road
Rare, well positioned 43.3-acre industrial opportunity consisting of two parcels in a highly sought after Chilliwack submarket.
Parcel 1 is 12.88 acres of freehold, heavy industrial land with four short-term tenants. Parcel 1 is zoned M4 (Heavy Industrial) with an OCP designation for general industrial allowing for a wide variety of manufacturing, warehousing and heavy industrial uses. Parcel 1 provides the sole road access to Parcel 2.
Parcel 2 is 30.45 acres of land leased from the Crown. The Crown lease also includes a 38.5-acre adjacent water lot. Parcel 2 is subletted to a sawmill, concrete plant and log sort generating a substantial annual net income. There are currently 23 years remaining on the Crown lease for Parcel 2. Parcel 2 may be acquired (subject to the lease) in accordance with the Crown’s land disposition policy. Please inquire for further details re: this potential outcome.
Parcel 1 and Parcel 2 are conveniently located in close proximity to Trans Canada Highway and major thoroughfares. Parcel 2 boasts expansive Fraser River frontage/access for a wide variety of potential future applications. Exceptional development potential for end users, strata tilt up development and built to suit arrangements in this rapidly growing submarket. Please inquire for additional details re: this rarely available industrial opportunity in Chilliwack.
