$2,200,000

1127 4TH Street, Castlegar

North Castlegar, Castlegar, BC V1N2A8

14,854 sq ft · Single-family home

Listed by 2 Percent Realty Kootenay Inc.

About this property

A premier investment opportunity awaits with this prominent corner commercial building at 1127 4th Street & Columbia Avenue, 14,854 sq ft main floor retail asset (plus substantial basement) on a prime site in downtown Castlegar, BC. Offered together with the additional large paved parking lot at 310 11th Ave (9,048 sq ft). Strategically located on one of the busiest and most visible intersections in Castlegar, this landmark property guarantees maximum exposure to both high vehicle and pedestrian traffic—a critical feature for sustained commercial success. This well-maintained building is in excellent condition and requires nothing—fully leased to a diverse mix of quality, stable tenants that currently include Pizza Pizza, Tah Nam Thai, Affolter Financial, Hager Orthopedic, LBC Craft Supplies, Windsor Barber, WKSS, Artistic Images and more. The multiple fully occupied units ensure a well-diversified and reliable income stream that mitigates vacancy risk. Crucially, the property includes a large dedicated paved parking lot (9,048 sq ft) with excellent capacity for tenants and customers — a major competitive advantage in the downtown core. This bonus parcel also offers significant future development potential for additional retail, mixed-use, or strata opportunities. This turn-key commercial hub offers a unique chance to acquire a strategic, high-visibility asset with robust income, long-term leases with annual increases, and strong upside potential in the heart of the Kootenays. (id:67417)

Property details

Price

$2,200,000

MLS® number

10390936

Property type

Single-family home · Other

Living area

14,854 sq ft

Annual taxes

$39,667

Community

North Castlegar, Castlegar

Features

Heating

Forced air, Other

Cooling

Central air conditioning

Community

Family Oriented, High Traffic Area

Lot

Level lot, Corner Site

Water

Municipal water

Sewer

Municipal sewage system

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