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1501 COLUMBIA AVENUE, South Castlegar
2024-09-10
Quick Summary
MLS®#2479489
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:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Shopping, Park, Airport, Public Transit, Recreation Nearby, Highway, Schools, Stores
Building
- Amenities: Storage - Locker
- Fireplace: No
- Flooring Type: Concrete
- Interior Size: 2976 sqft
- Utility Water: Municipal water
Features
- Feature: Central location, Visual exposure, Flat site, Other, Paved driveway, Level
Land
- Land Size: under 1 acre
- Sewer: See remarks
Ownership
- Type: Freehold
Information entered by Royal LePage Kelowna
Listing information last updated on: 2024-09-10 16:24:26
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
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