495 Columbia Av - Retail CONDO FOR SALE


Castlegar, BC V1N 1G8
$750,000 CAD
833-552-0661
495 Columbia Av, Castlegar, BC for Sale
$750,000 CAD
Retail CONDO - FOR SALE
1/12
null | Request Cap Rate

495 Columbia Av
Castlegar, BC V1N 1G8


HIGHLIGHTS

  • Opportunity to acquire either the commercial strata only, or the entire building
  • Stable, long-term, easy to manage residential tenants with monthly rents between $1,600-$1,800 plus utilities, per month
  • New construction with modern and high efficiency systems and appliances
  • +3,853 SF of commercial space, including 1,966 SF on main floor
  • Strong exposure along Columbia Avenue – Castlegar’s most important commercial street
  • Central location that can be easily accessed from a wide population base

OVERVIEW

RLK Commercial is pleased to present the opportunity to acquire a newly constructed mixed-use strata building prominently located along Columbia Avenue in the heart of Castlegar, BC. Built in 2017, the property includes one professionally improved commercial strata unit (also available separately) on the main floor with a finished basement, along with two modern 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 benefits from 9’0 ceilings, modern finishes, and excellent frontage along Columbia Avenue. The upper residential units feature dedicated covered parking, exclusive patios, ample storage, and access to a full backyard and garden area — a rare offering within comparable multifamily properties. Additional upside exists through the potential conversion of the front lawn area into approximately 5–6 additional parking stalls, further enhancing tenant utility and long-term revenue potential.

FOR SALE DETAILS

PRICE

$750,000 CAD

PRICE/SF

$381 CAD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

5,820 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,335 SF

ZONING

C1

APN/PARCEL ID

CUSTOM-4099873

ASK ABOUT THIS PROPERTY

Tristan ChartRoyal Lepage Kelowna CommercialMore Info
833-552-0661

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Tristan ChartRoyal Lepage Kelowna CommercialMore Info
833-552-0661

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