$ 980,000
1501 COLUMBIA Avenue Castlegar, BC V1N1H8
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$ 980,000
Est. payment | /mo
0.89 Acres Lot
$ 980,000
Est. payment | /mo
0.89 Acres Lot
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision South Castlegar
MLS® Listing ID 2479489
Originating Board Association of Interior REALTORS®
Lot Size 0.890 Acres
Acres 38768.4
Property Description
DOWNLOAD BROCHURE BELOW for more information. Situated along Columbia Avenue in central Castlegar, 1501 Columbia Avenue represents a rarely offered opportunity for businesses or investors to acquire an exceptional commercial property with an existing +2,976 sq. ft. building featuring +75 feet of direct frontage along Columbia Avenue, and directly adjacent to No Frills, Dollarama, and Tim Hortons. The existing building includes a ~2,376 sq. ft. garage featuring 3 overhead doors (approx. 10-11.5 ft. tall) and 200 amp power, complemented by a recently constructed ~600 sq. ft. addition with a 10 ft x 10 ft overhead door, 100 amp power, and separate washroom. Featuring a total of +0.89 acres, site acess from both Columbia Avenue and the rear laneway, and direct river frontage with river and mountain valley views, the site is perfectly positioned for exciting future development upside. Proposed development plans contemplate a 15-unit multi-family development at the rear of the site with unobstructed views of the Columbia River and surrounding mountain valley. With an existing month to month tenant providing holding income and C2 zoning in place, the property offers broad flexibility for mixed-use development. 1501 Columbia Avenue offers commercial businesses and investors a highly functional building with holding income and development upside with supreme positioning along the most important commercial corridor in Castlegar. (id:24570)
Location
Province BC
Zoning Unknown
Interior
Heating Forced air
Flooring Concrete
Exterior
Garage No
Community Features Family Oriented, High Traffic Area
Waterfront No
View Y/N No
Roof Type Unknown
Private Pool No
Building
Lot Description Level
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Royal LePage Kelowna