330 COLUMBIA Avenue, Castlegar

2024-01-14

330 COLUMBIA Avenue, Castlegar, British Columbia

For Sale Other

$1,249,000

MLS®#2474528

LOCATION LOCATION LOCATION!! Current gross income approximately $18,000 per month!!! Most appartments are long term rentals currently. Prime location in Castlegar, The Chameleon Hotel and Restaurant is located in downtown Castlegar. The building is prominently situated on Columbia Avenue with off street parking. The restaurant is currently leased, located ground floor, is licensed for 49 seats, and another 38 seats on the patio. The hotel is operating with 16 long and short term rental units: Ground floor: Three 1 bed units (bedroom, kitchenette, bathroom), a fourth one is under renovation. Second floor: Three 1 bed units (one bedroom, kitchen and bathroom), and 5 regular hotel rooms (with en-suite bathrooms) one further room under renovation. All units /rooms have queen size- or king size beds. Third floor: Spacious owner suite, consisting of two bedrooms, one kitchen and one bathroom. The rest of the third floor has four more apartment units. The huge basement has tons of potential with a seperate entrance, it's currently being used for storage, but was previously a bar and dance floor. Located close to all local amenities. Located close to tourist attractions such as the Sculpture walk and Millennium Park and ponds. BOOK NOW FOR YOUR PERSONAL TOUR!!!!! (id:32467)

Building	Other
Rooms
Bedrooms
Bathrooms	0
Square Footage	0 ft²
Built in	1953
Parking Type
Neighbourhood	Castlegar

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Your One Percent Realty
Commission savings^†

$500,000

^† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 2.5% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950

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Yes, and yes.

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