4605 Lazelle Avenue Terrace, British Columbia V8G 1S3
$2,980,000
Exceptional downtown investment opportunity! This C1-zoned mixed-use building offers outstanding exposure in a prime central location. The two-storey building with basement features approximately 12,900 sq ft of ground-floor commercial plaza space occupied by 9 tenants, plus 9,000 sq ft of basement storage and service areas. The 9,000 sq ft second floor offers 12 residential units, including 10 bachelor suites and 2 one-bedroom units. Fully occupied, this property provides a diverse income stream from both commercial and residential tenancies. A rare opportunity to own a substantial, income-producing asset in the heart of downtown! 7.3% cap rate. (id:49203)
Property Details
| MLS® Number | C8082900 |
| Property Type | Retail |
Building
| Constructed Date | 1960 |
| Size Interior | 21,064 Sqft |
Land
| Acreage | No |
| Size Irregular | 0.48 |
| Size Total | 0.48 Ac |
| Size Total Text | 0.48 Ac |
https://www.realtor.ca/real-estate/30418794/4605-lazelle-avenue-terrace
Contact Us
Contact us for more information
Dawn Monsen
Personal Real Estate Corporation
4650 Lakelse Ave
Terrace, British Columbia V8G 1R2
(250) 638-1400
(866) 951-7223
(250) 638-1422
remax-terrace.bc.ca
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October 22 2026 09:13:44
BC Northern Real Estate Board
RE/MAX Coast Mountains