Iconic 1930’s Historical Hotel, Pub & Cafe Redevelopment & Investment Opportunity  Located in the pristine wilderness of Wells, British Columbia, approximately 753 kilometres (471 miles) from Vancouver BC, the Wells Hotel is one of British Columbia’s newly renovated heritage country inns. Its consistent client base of tourists, outdoor enthusiasts, snowmobilers, and mining company employees makes the Wells Hotel a prime investment in terms of current performance as well as future cash flow potential.

Fraser Valley Redevelopment & Investment Opportunity One of the best locations in Historic Downtown Abbotsford adjacent to Jubilee Park, this prime 34,107 SQFT site is currently occupied by the well-known Red Lion Hotel and liquor store. Identified in the OCP as Primary Retail Area with a designation of Urban Centre Mixed-Use, the opportunity exists for redevelopment requiring a minimum of 3 storeys and a maximum of 6 storeys of commercial and residential mixed-use space. In the interim, the Vendor has agreed to lease back the property from a new buyer thereby giving a good holding income pre-development stage with potential 5% Cap Rate.

Original Opportunity: 2 Lot Assembly Neighbourhood: Renfrew Heights   Transit Oriented | Future Redevelopment Opportunity  The subject site consists of a 2-lot assembly in a convenient location of Renfew St and 22nd Ave in Vancouver. The two properties provide great rental income and purchase price, with future redevelopment potential base on the policies coming in from the City of Vancouver which has yet to be determined. Prime location as Vancouver is forecasting steady population growth with the city focusing on multi-family development occurring close to Transit Oriented Development.    

Original Opportunity: Newly Constructed Off Market Commercial Rental: “Popeyes” Louisiana Kitchen   Commercial Building – Rental Investment in Chilliwack London Pacific Property Agents and NAI Commercial are pleased to announce the successful off-market sale of 46325 Yale Road in Chilliwack. The subject property was newly constructed in 2020 and built to suit the tenant, Popeyes Louisiana Kitchen. The property is exceedingly desirable as it has a drive-through in a high-traffic, downtown location in Chilliwack.  

Original Opportunity: 2 Apartments | 1-2 Retail Store Fronts   Apartments Over Prime Retail Close To New Westminster City Centre The retail/mixed-use building consists of ground floor street-facing retail with two frontages, currently housing a Mexican restaurant, with 2 apartments above and to the back, both of which are currently fully tenanted. Resting on a parcel of 4,012 sq ft there is also good potential to assemble the site with the neighbours for redevelopment in the future. Meanwhile, there is a good hold income in the interim, in a sought after and gentrifying region of the City. The property is currently zoned as C-2 but designated in the OCP as RM Residential which allows moderate-sized multiple-unit residential buildings. If DP guidelines are met, there could be potential for a five or six storey low rise building. Additionally, the residential and the commercial rents are considerably under market giving an investor potential for a higher return within the near future.

Original Opportunity: ±13,440 SQFT (0.31 Acre) Gross Site Area SOLD To: Mission Community Skills Centre Society Resulting Community Amenity: “Fraser Valley Artisans Food Hub”   Downtown Abbotsford Investment & Redevelopment Opportunity The space is currently used as offices and an assembly hall. However, the space could be utilized for a variety of other purposes, which may prove more profitable. Under the C-5 zoning, permitted uses include restaurants, pubs, animal hospitals, child care centre, civic uses, retail, indoor recreation facility and many more. This is the perfect asset to cash-flow and eventually redevelop. REDEVELOPMENT VALUE – The 84 ft x 160 ft lot is prime for redevelopment and is currently zoned C-5 (City Centre Commercial). Under the current zoning with a 2.5 FSR, the site can be redeveloped with 33,600 buildable square feet (BSF). Furthermore, the zoning permits up to 6 storeys and 95% lot coverage. INVESTMENT VALUE – In addition to redevelopment value, the subject site provides a savvy investor with the opportunity to lease out the large 6,374 square foot space for a rate in the neighbourhood of $12/SF base rent (as comparables demonstrated). Bring your creative ideas to maximize space and value to increase potential net operating income.