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$ 2,200,000
Est. payment /mo
Active
1127 4TH Street Castlegar, BC V1N2A8
14,854 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Approx. Sqft 14854
Square Footage 14,854 sqft
Price per Sqft $148
Subdivision North Castlegar
MLS® Listing ID 10390936
Property Description
A premier investment opportunity awaits with this prominent corner commercial building at 1127 4th Street & Columbia Avenue, 14,854 sq ft main floor retail asset (plus substantial basement) on a prime site in downtown Castlegar, BC. Offered together with the additional large paved parking lot at 310 11th Ave (9,048 sq ft). Strategically located on one of the busiest and most visible intersections in Castlegar, this landmark property guarantees maximum exposure to both high vehicle and pedestrian traffic—a critical feature for sustained commercial success. This well-maintained building is in excellent condition and requires nothing—fully leased to a diverse mix of quality, stable tenants that currently include Pizza Pizza, Tah Nam Thai, Affolter Financial, Hager Orthopedic, LBC Craft Supplies, Windsor Barber, WKSS, Artistic Images and more. The multiple fully occupied units ensure a well-diversified and reliable income stream that mitigates vacancy risk. Crucially, the property includes a large dedicated paved parking lot (9,048 sq ft) with excellent capacity for tenants and customers — a major competitive advantage in the downtown core. This bonus parcel also offers significant future development potential for additional retail, mixed-use, or strata opportunities. This turn-key commercial hub offers a unique chance to acquire a strategic, high-visibility asset with robust income, long-term leases with annual increases, and strong upside potential in the heart of the Kootenays. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Interior
Heating Forced air, Other
Cooling Central air conditioning
Exterior
Parking Features No
Community Features Family Oriented, High Traffic Area
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Lot Description Level
Sewer Municipal sewage system
Listed by 2 Percent Realty Kootenay Inc.