2250 6th Avenue , Castlegar, BRITISH COLUMBIA V1N2V9
Castlegar, BRITISH COLUMBIA V1N2V9
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:374)
Details
| Mls | 2479062 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Status | Active |
| Year | 1961 |
| Days On Site | 118 |
| Listing Provided By | Royal LePage Kelowna | Tristan Chart |
Features
| Zoning | Unknown |
|---|---|
| Acreage | 0.40 |
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Learn More About This Property
| State | British Columbia |
|---|---|
| City | Castlegar |
| Zip Code | V1N2V9 |
| Listing VS Median (in V1N2V9) | |
Price: $995,000 low | high Med: $0 On Site: 118 low | high Med: | |