BC
South Castlegar
V1N2V9
2250 6TH AVENUE
2250 6TH AVENUE, South Castlegar, BC V1N2V9
Listing Type
multi family
Listing Status
active
87
$995,000

Home Details for 2250 6TH AVENUE

Price
$995,000
Type
Multi-family
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Year built
1961
Lot size acres
under 1 acre
Parking
Days on site
48
Listing #
2479062_27295308
Listing courtesy: Royal LePage Kelowna
Property Description

Offered for sale is 2250 6th Avenue, located in Castlegar, BC - an exceptional multi-family investment and development opportunity with consistent occupancy and tremendous upside. Featuring 4 suites including two 2-bed and two 1-bed suites across a total of 2,772 sq. ft. rentable area, a two-car garage with potential suite conversion potential, 8 exterior parking stalls, +8,000 SF of surplus development land with proposed concept drawings for a second 4-plex, and favourable OCP (mixed-use) and zoning (C3) designations that encourage mixed-use development, the property is extremely well positioned for investors and developers to leverage a stable income base (~6.00% cap rate) and realize exciting upside. The property is located in central Castlegar along 6th Avenue - just one block from the new 54-unit Park Place Condos project, and two blocks from Castlegar's commercial centre offering Canadian Tire, A&W, McDonald's, Shoppers Drug Mart, Boston Pizza, the Castlegar Community Complex, and much more. (id:1184)

Property Features
  • House Interior
    • Central location
    • Visual exposure
    • Flat site
    • Other
    • Level
  • Heating Information
    • Forced air
  • Fire Place
    • False
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EXIT REALTY PEI
41 MacLeod Crescent, Charlottetown, PE C1E 3K2
Pamela Foy
Sales Representative
Office
902 892 7653
Agent
902 315 1035
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