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:47423)
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Detailed Information
Amenities Nearby
Shopping, Park, Airport, Public Transit, Recreation Nearby, Highway, Schools, Stores
Community Features
High Traffic Area, Family Oriented
Features
Central location, Visual exposure, Flat site, Other, Paved driveway, Level
Listing Contract Date
2024-09-10
Municipal ID
023-475-943
Ownership Type
Freehold
Property Type
Other
Transaction Type
For sale
Zoning
Residential/Commercial
Building
Amenities
Storage - Locker
Flooring Type
Concrete
Heating Fuel
Electric
Heating Type
Forced air
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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