2475451 | 1127 4TH STREET

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1127 4TH STREET
North Castlegar British Columbia , V1N2A8 , Canada

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Tristan Chart

Sales Representative

Phone: 250.860.1100

Email Me

Royal LePage Kelowna

Brokerage:

1 - 1890 COOPER ROAD

Kelowna, BC
V1Y8B7

Phone: 250.860.1100

Fax: 250.860.0595

Company Website

$2,500,000.00

MLS® 2475451

Commercial : Retail

Floor Space (approx):

15196.00

Remarks:

Download the brochure at the link below for more info. 1127 4th Street offers an exciting investment opportunity, with +$400,000 invested into base building and tenant improvements within the last ~1.5 years. Several tenants have signed long-term leases including Pizza Pizza, Assante Wealth, West Kootenay Septic, and HAGER Orthopaedic, with an avg. term of 3.8 yrs overall, providing a strong and stable income base. Short-term tenants with current rents ~30% below market overall, offer substantial income upside. With +235 feet of retail frontage and C4 zoning on a 0.34-acre site, the Property offers an extremely high profile corner location with tremendous exposure and long-term redevelopment upside. Featuring operationally independent units, the property may also lend itself to a "strata/subdivision and resale" strategy. 1127 4th Street is being offered for sale with 331 Columbia Avenue (see MLS number 2475452), available either individually or as a package. The seller may also consider seller financing structures. (id:27)

Property Features:

Access Type: Easy access , Highway access
Amenities Nearby: Shopping , Park , Airport , Public Transit , Recreation Nearby , Highway , Schools , Stores
Community Features: High Traffic Area , Family Oriented
Features: Central location , Corner Site , Visual exposure , Flat site , Other , Level
OwnershipType: Freehold
Property Type: Retail
Sewer: Sewer
Zoning Type: Commercial mixed use

Building Features:

Amenities: Storage - Locker
Heating Fuel: Natural gas
Heating Type: Forced air
Utility Power: Single Phase

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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