8392 Young Road

The property at 8392 Young Road, located at the corner of Airport Road and Young Road in Chilliwack, was formerly home to Vancouver Career College. After its demolition in 2022, the 1.09-acre site (4403.2m²) is now available for lease with a "New Development Coming" sign posted by Rick Toor of Commercial Real Estate Team. The property is zoned as CSM (Service Commercial Industrial) and is classified as CT (Commercial Thoroughfare) in the Official Community Plan (OCP), indicating its strategic importance for commercial and industrial development.

Potential Uses:

Given its current CSM zoning, the property offers a diverse range of potential uses, making it suitable for various commercial and light industrial ventures. Some possibilities include:

1. General Commercial: The property could host a variety of retail businesses, service providers, or office spaces that cater to the surrounding community's needs.
2. Vehicle-Oriented Commercial: The site is well-suited for businesses such as car dealerships, service stations, or automotive repair shops, leveraging its location on a major thoroughfare.
3. Indoor Recreation or Cultural Facility: The spacious lot could accommodate recreational facilities like gyms, indoor sports complexes, or even cultural venues such as museums or galleries.
4. Light Manufacturing and Warehousing: With ample space and supportive zoning, the property is ideal for light manufacturing operations or warehousing, particularly those that require proximity to major road networks.
5. Food Processing: The site can also be developed for food processing businesses, benefiting from its industrial-friendly zoning while serving the local food industry.
6. Child Care or School Facility: Given the zoning allowances, the property could be developed into a child care center or an educational facility, catering to the growing population in Chilliwack.
7. Service Industrial: The property could be used for businesses that provide essential services such as maintenance, repair, or other service-oriented industrial activities.

Development Considerations:

The maximum building height is restricted to 12 meters, and the site allows for an 80% lot coverage, with a Floor Area Ratio (FAR) of 1.6, providing significant development potential. Setbacks vary depending on the specific use, with a minimum 6m setback required if the property adjoins a residential zone. The site’s location on a key commercial thoroughfare makes it highly visible and accessible, providing an excellent opportunity for businesses looking to capitalize on the traffic along Young and Airport Roads.

This property presents a prime opportunity for developers or businesses looking to establish a presence in one of Chilliwack’s key commercial corridors. The flexibility of the CSM zoning allows for a wide range of development possibilities, making it an attractive option for both commercial and light industrial uses.