1127 4th Street,Castlegar, BC V1N2A8
Castlegar, BC V1N2A8
Description
A premier investment opportunity awaits with this prominent corner commercial building at 1127 4th Street & Columbia Avenue, 14,854 sq ft main floor retail asset (plus substantial basement) on a prime site in downtown Castlegar, BC. Offered together with the additional large paved parking lot at 310 11th Ave (9,048 sq ft). Strategically located on one of the busiest and most visible intersections in Castlegar, this landmark property guarantees maximum exposure to both high vehicle and pedestrian traffic-a critical feature for sustained commercial success. This well-maintained building is in excellent condition and requires nothing-fully leased to a diverse mix of quality, stable tenants that currently include Pizza Pizza, Tah Nam Thai, Affolter Financial, Hager Orthopedic, LBC Craft Supplies, Windsor Barber, WKSS, Artistic Images and more. The multiple fully occupied units ensure a well-diversified and reliable income stream that mitigates vacancy risk. Crucially, the property includes a large dedicated paved parking lot (9,048 sq ft) with excellent capacity for tenants and customers - a major competitive advantage in the downtown core. This bonus parcel also offers significant future development potential for additional retail, mixed-use, or strata opportunities. This turn-key commercial hub offers a unique chance to acquire a strategic, high-visibility asset with robust income, long-term leases with annual increases, and strong upside potential in the heart of the Kootenays. (id:13843)
Details
| MLS # | 10390936 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Status | Active |
| Days On Site | 134 |
| Listing Provided By | 2 Percent Realty Kootenay Inc. | Dan Beekman |
Features
| SQ Feet | 14,854 |
|---|
Interior
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Other |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Level lot, Corner Site |
|---|
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 39666.63 |
|---|
Area Information
| Province | BC |
|---|---|
| City | Castlegar |
| Postal Code | V1N2A8 |
| Listing VS Median (in V1N2A8) | |
Price: $2,200,000 low | high Med: $2,200,000 sqft: 14,854 low | high Med: 14,854 $ / sqft: $148 low | high Med: $148 On site: 134 low | high Med: 134 | |
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Learn More About This Property
| Province | BC |
|---|---|
| City | Castlegar |
| Postal Code | V1N2A8 |
| Listing VS Median (in V1N2A8) | |
Price: $2,200,000 low | high Med: $2,200,000 sqft: 14,854 low | high Med: 14,854 $ / sqft: $148 low | high Med: $148 On site: 134 low | high Med: 134 | |