INDUSTRIAL DEVELOPERS AND INVESTORS - Outstanding industrial investment opportunity includes two side-by-side industrial properties (2229 & 2233 6th Avenue) totaling .6334 acres in Castlegar, BC. National tenant with a recently signed lease occupies the 7, 529 SF industrial building with 3 grade level loading bays and leases the 2 adjoining properties. Current CAP rate is 8.4 (at ask) but will increase every year with the negotiated escalation in rates through the term of the lease. Final year of the lease will see a CAP rate of 9. 5 for the year ending July 31, 2028. M 1 - Light Industrial zoning provides potential for further densification of the properties through redevelopment for almost 50, 000 SF at max FAR and building heights up to 3 stories. The current lease will provide substantial cash flow and holding income until the properties are ready to be further redeveloped. (id:55598)
- MLS® 2479268
- Date Listed08/26/2024
- Days on Realty 63 Days
- Bedrooms -
- Bathrooms
- Lot Size -
- Subdivision South Castlegar
- Year Built 1975
Interior Features
- Heating No Heat
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Sales & Tax History
Source: Public Records
Street Address | Beds | Baths | Sold Date | List Price |
---|---|---|---|---|
2284 UPPER GLADE ROAD | 5 | 2 | Oct 02, 2024 | $849,000 |
3720 COLUMBIA AVENUE | 4 | 3 | Oct 05, 2024 | $1,240,000 |
1392 RELKOFF ROAD | 5 | 3 | Oct 02, 2024 | $1,174,000 |
1933 RIVERSIDE CRESCENT | 4 | 3 | Sep 26, 2024 | $569,900 |
2229 11TH AVENUE | 3 | 1 | Oct 11, 2024 | $339,900 |
2346 UPPER GLADE ROAD | 2 | 3 | Oct 06, 2024 | $868,000 |
1918 RIVERSIDE CRESCENT | 5 | 3 | Oct 10, 2024 | $719,900 |
310 8TH AVENUE | 3 | 3 | Oct 25, 2024 | $610,000 |
318 6TH AVENUE | 2 | 2 | Oct 04, 2024 | $499,900 |
3004 5TH AVE | 2 | 1 | Oct 24, 2024 | $404,900 |
47/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
31/100
Bikable
Bike Score ®
Overview
Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 13/100, Transit Score: 0/100, Bike Score: 23/100.
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Frequently Asked Questions for 2229 2233 6TH AVENUE
Source: Realty.com
2229 2233 6TH AVENUE, Castlegar, BC V1N2W1 is a Other, Other property listed for $1,039,999 The property is 0 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 19 photos of 2229 2233 6TH AVENUE.
Our records indicate that 2229 2233 6TH AVENUE was built in 1975.
The full address for this home is 2229 2233 6TH AVENUE, Castlegar, BC V1N2W1.
2229 2233 6TH AVENUE has been listed on Realty.com since Mon August 26, 2024
Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 13/100, Transit Score: 0/100, Bike Score: 23/100.
Listing provided courtesy of:
RE/MAX Kelowna
(tel: (250) 717-5000)
Listing agent:
Kris McLaughlin
(tel: (250) 870-2165)
This content last refreshed on 2024-10-28 04:26:02. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 2229 2233 6TH AVENUE, Castlegar, BC V1N2W1 : MLS® 2479268