$850,000

198 Columbia Avenue, Castlegar

North Castlegar, Castlegar, BC V1N1V6

2,068 sq ft · Single-family home

Listed by RE/MAX All Pro Realty

About this property

A rare opportunity to own a piece of Castlegar history with exciting commercial and residential potential! Formerly home to the well-known Hi-Lite Chinese Food Restaurant, this property offers approximately 1,930 sq. ft. of main-level commercial space along with two residential apartments—one 1-bedroom and one 2-bedroom. The main level is approximately 50% renovated and was designed for a Japanese restaurant concept. Architectural and engineering plans are included, providing a valuable head start for the next owner. Existing restaurant improvements include new electrical, plumbing, drywall, a brand-new commercial cooler, large hood fan, bar, beer fridges and other restaurant infrastructure. The two apartments could use some renovation or refreshing but offer excellent potential for additional rental income, owner occupancy, or staff accommodation. Bring your vision and complete the transformation into a sushi/Japanese restaurant, cafe, pub, or other food-service concept, or explore the many possibilities this versatile property offers. Commercial space plus two residential units creates an excellent opportunity for an owner-operator or investor. A unique property with a long history in the community and plenty of potential for its next chapter. (id:67417)

Property details

Price

$850,000

MLS® number

10398225

Property type

Single-family home · Residential Commercial Mix · Other

Ownership

Freehold

Living area

2,068 sq ft

Lot size

0.22 acres · 0.22

Annual taxes

$7,082

Community

North Castlegar, Castlegar

Features

Heating

Forced air, See remarks

Parking

Street, Additional Parking

Exterior

Stucco

Community

High Traffic Area

Water

Municipal water

Sewer

Municipal sewage system

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