495 Columbia Avenue is a newly constructed mixed-use strata building prominently located along Columbia Avenue in downtown Castlegar. Built in 2017, the property consists of a professionally improved 3,853 SF commercial strata unit (also available for separate sale), including 1,966 SF on the main floor plus a finished basement, along with two modern ~980 SF 2-bedroom residential units on the second floor. The commercial space is fully built out for office or retail use and includes several private offices, a boardroom, kitchen, washroom, and flexible basement area, with the ability to lease portions independently to maximize income potential. The space features modern finishes, 9’ ceilings, and strong frontage along Columbia Avenue. The upper residential units offer dedicated covered parking, exclusive patios, ample storage, and access to a full backyard and garden area — a rare feature for comparable multifamily properties. Additional upside and functionality exists through the potential conversion of the front lawn into approximately 5–6 additional parking stalls. Approximately ~4,100 SF of surplus land area further exists at the rear of the site. The property offers stable residential income with flexibility for owner-occupancy in both the commercial and residential components, all within close proximity to City Hall, professional services, grocery, fitness, and other downtown amenities. (id:4069)
Address
495 Columbia Street
List Price
$1,400,000
Property Type
Other
Transaction Type
Sale
Area
British Columbia
Sub-Area
Castlegar
Floor Area
5,820 Sq. Ft.
Lot Size
0.31 Ac.
Year Built
2017
MLS® Number
10388199
Listing Brokerage
Royal LePage Kelowna
Postal Code
V1N1G8
