22
$980,000 Sale
Listed 2 hours ago
1501 COLUMBIA Avenue
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Key Facts
Key facts for 1501 COLUMBIA Avenue
Property Type
Other, Other
Parking
Garage: No, 0 parking
MLS #
10365360
Size
2976 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1962
Maintenance Fee
-
Description
Download brochure at link 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 fee...t 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:10452)
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Listing courtesy of: Royal LePage Kelowna
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