7,030 ft2
$995,000
Attention Investors & Medical Professionals - This is your chance to own a versatile income-generating asset in the heart of Terrace, BC. This 7,000 sqft professional building sits on a large C5-zoned lot with ample on-site parking, offering both commercial flexibility and residential potential. A new roof adds to the long-term value, while a 9.17% cap rate and $9,700/month in base lease revenue make this a sound investment. The main level features an open-concept layout, allowing for a variety of medical, wellness, or office configurations. Complete with a kitchen, laundry area, staff and guest bathrooms (including shower), it's turnkey-ready. The lower level includes a bright, self-contained suite with a private entrance, full kitchen, and 4-piece bath-perfect for staff housing or an additional rental stream. The other half of the lower level has its own entrance and is currently leased to a business with access to two private bathrooms. Plus tons of storage. Don't miss out! (id:60626)
Property Details
|
MLS® Number
|
C8070599 |
|
Property Type
|
Retail |
|
Neigbourhood
|
Horseshoe |
|
Road Type
|
Paved Road |
Building
|
Amenities
|
Street Lighting |
|
Constructed Date
|
1978 |
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Fire Protection
|
Security System |
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Size Interior
|
7,030 Ft2 |
Parking
Land
|
Acreage
|
No |
|
Size Irregular
|
0.42 |
|
Size Total
|
0.42 Ac |
|
Size Total Text
|
0.42 Ac |
