$2,550,000

Commercial For Sale In Grand Forks, British Columbia

$2,550,000

Property Information:

Court Ordered Sale Capture the untapped potential of this expansive 24,000+ sq ft property, a prime investment opportunity that’s already cash flow positive. Anchored by a secure 4-year government lease for a portion of the property, this building ensures stable income while offering partially renovated areas ready for completion to boost future revenue. With a compelling 9.3% CAP rate*, this property is a rare find for investors seeking strong fundamentals and room for strategic growth. Don’t miss this chance to invest in a sizable asset with immediate returns and long-term value. (id:27)

Building Features:

  • Style: Mixed
  • Building Type: Residential Commercial Mix
  • Exterior Finish: Stucco
  • Fire Protection: Sprinkler System-Fire, Security system
  • Floor Space: 24209 sqft
  • Roof Material: Roof Material
  • Roof Style: Unknown
  • Heating Type: Forced air, Radiant heat
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Other
  • Access Type: Easy access
  • Amenities Nearby: Park, Schools
  • Built in: 1970
  • Current Use: Mixed use
  • Features: Level lot, Wheelchair access
  • Floor Space (approx): 24209 Square Feet
  • Landscape Features:
  • Utility Type: Cable - Available, Water - Available, Hydro - Available, Telephone - Available, Sewer - Available, Natural Gas - Available
  • Sewer: Municipal sewage system

Courtesy of: Royal LePage Little Oak Realty

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