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283 Market Avenue, Grand Forks
2025-09-15
Quick Summary
- Location
- 283 Market Avenue, Grand Forks, British Columbia V0H1H0
- Price
- $565,000
- Status:
- For Sale
- Property Type:
- Other
- Area:
- 7434 sqft
- Year of Construction:
- 1930
MLS®#10362472
Property Description
Great investment opportunity in the heart of Downtown Grand Forks! Offering an impressive 7% cap rate and with 7434 ft2 over two levels, this multi-use commercial property is in a prime central location with plenty of foot traffic and free parking. The lower level is split into two retail stores, both currently leased. 275 Market Ave has a store space of approx. 1440 ft2, with additional storage space, and is currently occupied by a consignment clothing store. 283 Market Ave has a store space of approx. 1288 ft2, with additional storage space, and is currently leased by the popular Avalon Gardens store. The upper level has two large apartment units, both with tenants in place. Unit 2 is approx. 1497 ft2, with 2 bedrooms, 1 bathroom, kitchen, very large living room, and an in-suite laundry. Unit 1 is approx. 1360 ft2, with 1 bedroom, 1 office/den, kitchen, very large living room, in-suite laundry and bathroom. For interested parties, full financial information is available, along with detailed floor plans, virtual tour and other supporting documentation. (id:32467)
Property Features
Building
- Cooling Type: Central air conditioning
- Fireplace: No
- Interior Size: 7434 sqft
- Building Type: Residential Commercial Mix
- Utility Water: Municipal water
Land
- Land Size: 0.09 ac|under 1 acre
- Sewer: Municipal sewage system
Information entered by Grand Forks Realty Ltd
Listing information last updated on: 2025-11-12 19:39:25
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
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.
One Percent Realty's top FAQs
We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
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