$773,100

320 ILES Way Unit# 101, Tumbler Ridge

Tumbler Ridge, Tumbler Ridge, BC V0C2W0

1,587 sq ft · Single-family home

Listed by FaithWilson Christies International Real Estate

About this property

** TEN PERCENT CAP RATE** on the Land and a very profitable business as well, included on this listing. Located in the downtown heart of Tumbler Ridge’s Town Centre, Strata Lot 1 offers 2,332 sq ft, lot and 1586 SF of finished space, a professionally built high-quality commercial build, This building is a “Live Smart BC Award -Winning building"". This energy-efficient unit features SIP panel construction, 12’ ceilings, durable vinyl flooring, two washrooms, and a 225 Amp electrical panel. Renovated in 2019, the space is serviced by a high-efficiency boiler with fan coil heating and a ground-mounted A/C unit. The property includes * 20 paid parking stalls in the adjacent municipal lot and sits steps from the Municipal Hall, Community Centre, RCMP, and more. Ideal for professional, office, or retail use with excellent access, visibility, and long-term value. See attached C1 zoning for uses. Business: The business is a legally licensed cannabis retail store, The store has been operating for over 5 years, and has grown each year. The store is run under management and management is overseen by the owners who had worked in the store previously. Owners are not active employees for the 2025 year. It has a well-organized system and structure and provides a solid income for the owner. An NDA would need to be signed to share confidential business information on this opportunity. Please see documents attached for this. *Parking: Units 101 & 102 have paid for 20 stalls in the municipal parking lot directly adjacent to the building. These stalls remain under municipal ownership. (id:67417)

Property details

Price

$773,100

MLS® number

10349405

Property type

Single-family home · Residential Commercial Mix · Other

Ownership

Freehold

Living area

1,587 sq ft

Lot size

0.26 acres · 0.26

Year built

2008

Annual taxes

$2,522

Strata / HOA fee

$598 monthly

Fee includes

Property Management, Waste Removal, Ground Maintenance, Insurance, Other, See Remarks, Reserve Fund Contributions, Sewer

Community

Tumbler Ridge, Tumbler Ridge

Features

Heating

Forced air, Hot Water

Cooling

Heat Pump, See Remarks

Roof

Asphalt shingle, Unknown

Water

Municipal water

Sewer

Municipal sewage system

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