257 Market Av - Movie Theatre FOR SALE


Grand Forks, BC V0H 1H0
$549,000 CAD
604-803-5000
257 Market Av, Grand Forks, BC for Sale
$549,000 CAD
Movie Theatre - FOR SALE
1/18
null | Request Cap Rate

257 Market Av
Grand Forks, BC V0H 1H0


HIGHLIGHTS

  • Downtown Grand Forks commercial property for sale

OVERVIEW

Commercial property for sale in downtown Grand Forks, BC, offering approximately 3,750 SF of flexible space with significant redevelopment and repositioning potential. Located at 257 Market Avenue, this property presents a rare opportunity to acquire a centrally located asset with strong fundamentals for mixed-use, retail, hospitality, or residential conversion. The building features approximately 20-foot ceiling heights and a wide open interior layout, providing excellent flexibility for adaptive reuse. These characteristics make it well suited for a variety of concepts including restaurant, bar, café, wellness studio, retail storefront, or creative commercial space. Zoned Core Commercial (CC), the property allows for a wide range of permitted uses including retail, office, hospitality, entertainment, and residential components. Residential use is permitted up to 100% on the upper level and up to 50% on the main floor, supporting multiple mixed-use or live/work configurations. An existing upper-level residential suite provides immediate usability and potential holding income, while the building has undergone upgrades including a newer HVAC system (2019). This offering is best positioned as a value-add investment with strong upside through repositioning, redevelopment, or owner-occupier use in a growing downtown market.

FOR SALE DETAILS

PRICE

$549,000 CAD

PRICE/SF

$146 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Movie Theatre

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Shaun SanghaSutton Group - 1st West RealtyMore Info
604-803-5000

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Shaun SanghaSutton Group - 1st West RealtyMore Info
604-803-5000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.