4525 Lakelse Ave - Storefront FOR SALE


Terrace, BC V8G 1P3
$3,000,000 CAD
866-303-6734
4525 Lakelse Ave, Terrace, BC for Sale
$3,000,000 CAD
Storefront - FOR SALE
1/1
null | Request Cap Rate

4525 Lakelse Ave
Terrace, BC V8G 1P3


HIGHLIGHTS

  • Prime Downtown Location: Situated in Terrace’s Central Business District with excellent visibility and access
  • Former Kondolas Furniture Building: Expansive, open-layout retail space ready for occupancy or repurposing
  • Redevelopment Potential: Opportunity to add residential units on the second floor
  • Zoning: C1-A zoning permits a broad range of commercial and mixed-use redevelopment options
  • Flexible Configuration: Ideal for retail, showroom, office, or service-based businesses

OVERVIEW

High traffic location with proven record of success this spacious building is in Terraces Downtown core. Favourable C1 A zoning allows a variety of uses from Health Services, Restaurant, Retail, Offices, Daycare or Community Care, Personal Services, and more. The interior offers large open space on both floors with a separate space at the rear of each floor for storage, warehouse, kitchen etc. This building is solid and ready to be repurposed.

FOR SALE DETAILS

PRICE

$3,000,000 CAD

PRICE/SF

$124 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,200 SF

ZONING

C1A

APN/PARCEL ID

018-192-611

ASK ABOUT THIS PROPERTY

Rick McDanielRoyal LePage Aspire RealtyMore Info
866-303-6734

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Rick McDanielRoyal LePage Aspire RealtyMore Info
866-303-6734

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