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37738 THIRD AVENUE, Squamish, British Columbia, V8B 0A2

MLS® # C8079508
Investment For Sale In Squamish, British Columbia
$2,999,000
37738 Third Avenue, Squamish, BC
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37738 THIRD AVENUE, Squamish, British Columbia, V8B 0A2
$2,999,000

Property Information:

Exceptional mixed-use investment opportunity in the heart of Downtown Squamish. Situated on a 12,000 sq.ft. site, this 3-level building offers 6,561 sq.ft. of leasable space with industrial, office & 2 Penthouse condos, creating multiple income streams. The ground floor features high-clearance industrial/shop space with secure covered storage, the second level offers professional office space & the top floor includes 2 executive residential suites with private elevator access & mountain views. When fully leased, generates approx. $189,000 in annual gross income & over $140,000 NOI, this property offers strong cash flow & flexibility for investors or owner-users. Adjoining 6,000 sq.ft. parcel is also available for future development or assembly potential at 37718 Third Ave with 1.7 FSR. (id:27)

Building Features:

  • Floor Space: 6561 sqft Square Feet

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 6561 Square Feet
  • Irregular: Yes
  • Lot Size: 12000.00 Square Feet
  • Zoning: CD-61

Courtesy of: Sutton Group-West Coast Realty

REALTOR.ca  

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Market Price Trends

Single family detached

-0.77%

Price change (1 year)

41.74%

Price change (5 years)

All Properties

-0.22%

Price change (1 year)

59.55%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 37738 THIRD AVENUE, Squamish, British Columbia, V8B 0A2

Demographic Information of 37738 THIRD AVENUE, Squamish, British Columbia, V8B 0A2

Life Stage

Midlife Families

Employment Type

Service Sector/White Collar

Average Household Income

$124,031.34

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

4.67 %

High school certificate or equivalent

21.49 %

Apprenticeship trade certificate/diploma

9.1 %

College/non-university certificate

17.07 %

University certificate (below bachelor)

2.18 %

University Degree

45.49 %

Commuter

Travel To Work

By Car

71.9 %

By Public Transit

1.84 %

By Walking

15.62 %

By Bicycle

6.82 %

By Other Methods

3.82 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

72.09 %

Houses

27.91 %

Own Vs. Rent

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