Download the brochure at the link below for more info. 331 Columbia Avenue offers a rare opportunity to access 4,080 sq. ft. of retail space with basement storage and +40 feet of premium Columbia Avenue frontage. 100% occupied on a month-to-month basis by Mother Natures health food store with over 50 years in business, and inplace rents estimated to be ~30% below-market, the property offers investors an attractive opportunity for income upside through increasing the existing below-market rent, or for businesses looking to occupy Downtown Castlegar's best retail space for their own use. Adjacent businesses include Pharmasave, Pizza Pizza, Subway, and Canada Post. Comprising 0.09 acres with C4 zoning, the property offers tremendous exposure to vehicle and pedestrian traffic along Columbia Avenue with mixed-use redevelopment upside. 331 Columbia Avenue is being offered for sale with 1127 4th Street (see MLS 2475451), available either individually or as a package. The seller may also consider seller financing structures. (id:4069)
| Address |
331 COLUMBIA AVENUE |
| List Price |
$795,000 |
| Property Type |
Retail |
| Area |
British Columbia |
| Sub-Area |
North Castlegar |
| Floor Area |
4,080 Sq. Ft. |
| MLS® Number |
2475452 |
| Listing Brokerage |
Royal LePage Kelowna
|
| Postal Code |
V1N1G6 |
| Site Influences |
Shopping, Park, Airport, Public Transit, Recreation Nearby, Highway, Schools, Stores |
| Features |
Central location, Corner Site, Visual exposure, Flat site, Other, Level |
| Amenities |
Storage - Locker |
