2316 Columbia Avenue | $990,000
Tristan Chart, CFA Agent Photo
Tristan
Chart, CFA
P. (250) 860-1100
Phone Tristan
Royal LePage Kelowna
1890 Cooper Road Suite #1
Kelowna, BC
Canada V1Y 8B7

Details

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Years (35 year max)
Years



Address 2316 Columbia Avenue
AreaCastlegar
Sub AreaSouth Castlegar
State/ProvinceBritish Columbia
CountryCanada
Price$990,000
Property TypeCommercial
Floor Space4051 Square Feet
Lot Size0.49 Acres
Taxes $8,374
Tax Year2023
MLS® #2474596

Download the brochure at the link below for more info. 2316 Columbia Avenue represents a 3,000 sq. ft. commercial office building at the heart of Castlegar, BC. Fully leased on a triple net basis to BC General Employees' Union (BCGEU), with more than 5 years of lease term remaining and 3% annual contractual rent steps, the Property offers long-term income stability and growth. Centrally located with efficient access from the surrounding region, and prominent exposure along Columbia Avenue (Hwy 22), Castlegar's primary commercial corridor, the Property is within a 1-minute drive from Castlegar's highest concentration of restaurant, service and entertainment amenities. The building has further benefited from significant recent capital upgrades, both from the landlord and tenant, including rooftop HVAC, hot water tank, parking lot re-surfacing, and more. Tenant amenities include parking for +/-12 vehicles, an outdoor patio, building elevator, highway signage, and a new roof that is currently under construction.

Location

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Data Source: Statistics Canada
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