1127 4TH Street

$2,200,000

1127 4TH Street
Castlegar, British Columbia V1N2A8

MLS® Number: 10390936

Description

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:21083)

Property Summary

  • Property Type

    Other
  • Square Footage

    14854 sqft
  • Annual Property Taxes

    $ 39,667
  • Time on REALTOR.ca

    3 months
  • Building Type

    Other
  • Community Name

    North Castlegar

Building

Building Features
  • Features

    Level lot, Corner Site
  • Style

    Detached
  • Square Footage

    14854 sqft
Heating & Cooling
  • Cooling

    Central air conditioning
  • Heating

    Forced air, Other