Download the brochure at the link below for more info. 1127 4th Street offers an exciting investment opportunity, with +$400,000 invested into base building and tenant improvements within the last ~1.5 years. Several tenants have signed long-term leases including Pizza Pizza, Assante Wealth, West Kootenay Septic, and HAGER Orthopaedic, with an avg. term of 3.8 yrs overall, providing a strong and stable income base. Short-term tenants with current rents ~30% below market overall, offer substantial income upside. With +235 feet of retail frontage and C4 zoning on a 0.34-acre site, the Property offers an extremely high profile corner location with tremendous exposure and long-term redevelopment upside. Featuring operationally independent units, the property may also lend itself to a "strata/subdivision and resale" strategy. 1127 4th Street is being offered for sale with 331 Columbia Avenue (see MLS number 2475452), available either individually or as a package. The seller may also consider seller financing structures. (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Amenities Nearby
Shopping, Park, Airport, Public Transit, Recreation Nearby, Highway, Schools, Stores
Community Features
High Traffic Area, Family Oriented
Features
Central location, Corner Site, Visual exposure, Flat site, Other, Level
Listing Contract Date
2024-03-14
Municipal ID
014-911-116
Ownership Type
Freehold
Property Type
Retail
Transaction Type
For sale
Zoning
Commercial mixed use
Building
Amenities
Storage - Locker
Heating Fuel
Natural gas
Heating Type
Forced air
Utility Power
Single Phase
Utility Water
Municipal water
Land
Total Size
under 1 acre
Access Type
Easy access, Highway access
Amenities
Shopping, Park, Airport, Public Transit, Recreation Nearby, Highway, Schools, Stores
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