Salehian.com 647-325-5000

1127 4TH Street

North Castlegar, Castlegar, BC, V1N2A8

Listed by 2 Percent Realty Kootenay Inc.

$2,200,000

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  • 14854 sq ft

Listed 132 days ago · MLS® 10390936

About this home

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:66966)

Details

Type
Other
Size
14854 sq ft
Property tax
$39,667
Neighbourhood
North Castlegar
Municipality
Castlegar

Interior

Fireplace
No

Heating, cooling and services

Heating
Forced air
Air conditioning
Central air conditioning
Water and sewer
Municipal sewage system

Location

Location is approximate. See nearby homes on the map

Listed by 2 Percent Realty Kootenay Inc..

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