1501 Columbia Avenue Castlegar, British Columbia V1N 1H8
$980,000
DOWNLOAD BROCHURE BELOW for more information. Situated along Columbia Avenue in central Castlegar, 1501 Columbia Avenue represents a rarely offered opportunity for businesses or investors to acquire an exceptional commercial property with an existing +2,976 sq. ft. building featuring +75 feet of direct frontage along Columbia Avenue, and directly adjacent to No Frills, Dollarama, and Tim Hortons. The existing building includes a ~2,376 sq. ft. garage featuring 3 overhead doors (approx. 10-11.5 ft. tall) and 200 amp power, complemented by a recently constructed ~600 sq. ft. addition with a 10 ft x 10 ft overhead door, 100 amp power, and separate washroom. Featuring a total of +0.89 acres, site acess from both Columbia Avenue and the rear laneway, and direct river frontage with river and mountain valley views, the site is perfectly positioned for exciting future development upside. Proposed development plans contemplate a 15-unit multi-family development at the rear of the site with unobstructed views of the Columbia River and surrounding mountain valley. With an existing month to month tenant providing holding income and C2 zoning in place, the property offers broad flexibility for mixed-use development. 1501 Columbia Avenue offers commercial businesses and investors a highly functional building with holding income and development upside with supreme positioning along the most important commercial corridor in Castlegar. (id:46227)
Property Details
| MLS® Number | 2479489 |
| Property Type | Other |
| Neigbourhood | South Castlegar |
| Community Name | South Castlegar |
| Amenities Near By | Public Transit, Airport, Park, Recreation, Schools, Shopping |
| Community Features | Family Oriented, High Traffic Area |
| Features | Level Lot |
Building
| Flooring Type | Concrete |
| Heating Type | Forced Air |
| Roof Material | Steel |
| Roof Style | Unknown |
| Type | Other |
| Utility Water | Municipal Water |
Land
| Access Type | Easy Access, Highway Access |
| Acreage | No |
| Land Amenities | Public Transit, Airport, Park, Recreation, Schools, Shopping |
| Landscape Features | Level |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.89 |
| Size Total | 0.89 Ac|under 1 Acre |
| Size Total Text | 0.89 Ac|under 1 Acre |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/27392469/1501-columbia-avenue-castlegar-south-castlegar
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November 11 2024 08:49:52
Okanagan-Mainline Real Estate Board
Royal LePage Kelowna