2250 6th Avenue Castlegar, BC V1N 2V9

Active (128 Days)

$995,000

See Similar Listings

Favorite
Hide
Share
- Share
- Link
- sqft,bd,%sbth,MLS®2479062

See Similar Listings

Description

Offered for sale is 2250 6th Avenue, located in Castlegar, BC ? an exceptional multi-family investment and development opportunity with consistent occupancy and tremendous upside. Featuring 4 suites including two 2-bed and two 1-bed suites across a total of 2,772 sq. ft. rentable area, a two-car garage with potential suite conversion potential, 8 exterior parking stalls, +8,000 SF of surplus development land with proposed concept drawings for a second 4-plex, and favourable OCP (mixed-use) and zoning (C3) designations that encourage mixed-use development, the property is extremely well positioned for investors and developers to leverage a stable income base (~6.00% cap rate) and realize exciting upside. The property is located in central Castlegar along 6th Avenue ? just one block from the new 54-unit Park Place Condos project, and two blocks from Castlegar?s commercial centre offering Canadian Tire, A&W, McDonald?s, Shoppers Drug Mart, Boston Pizza, the Castlegar Community Complex, and much more. (id:41440)

MLS®:
2479062

Lot Size
0.4 acres

Type
Multifamily

Year Built
1961

County
Central Kootenay

Listed By

Tristan Chart, Royal Lepage Kelowna

Source
CREA
Last checked Dec 21 2024 at 2:50 PM PST

Bathroom Details

Lot Information

Level Lot

Heating and Cooling

Forced Air

Exterior Features

Stucco
Roof: Unknown
Roof: Asphalt Shingle

Utility Information

Sewer: Municipal Sewage System

Disclaimer:

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 12/21/24 06:50

CENTURY 21

ASSURANCE REALTY LTD.

www.ASSURANCEREALTY.ca

Brokerage Head Office: 251 Harvey Avenue, Kelowna, BC V1Y 6C2

OUR OFFICES

(250) 869-0101

assurancerealty@century21.ca

Conveyance Department

convey.kelowna@century21.ca

CENTURY 21 Assurance Realty Ltd.

INFO & SERVICES

Independently Owned and Operated. ®/™ trademarks owned by Century 21 Real Estate LLC used under license or authorized sub-license. © 2020 Century 21 Canada Limited Partnership © 2020 Century 21 Canada Limited Partnership

The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR ® , REALTORS ® and the REALTOR ® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association. Not intended to solicit properties currently listed for sale or buyers under contract.Century 21 Canada Limited Partnership currently has franchise opportunities available in select markets across Canada. The intent of this communication is for informational purposes only and is not intended to be a solicitation to anyone under contract with another real estate brokerage operation. This e-mail message contains confidential information intended only for the use of the individual or entity named above. Any unauthorized use or disclosure is strictly prohibited. If you have received this communication in error please immediately delete the e-mail and either notify the sender at the above e-mail address or by telephone.