1501 COLUMBIA Avenue, Castlegar, British Columbia, V1N 1H8

MLS® # 2479489

Commercial For Sale In Castlegar, British Columbia

$980,000

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1501 COLUMBIA Avenue, Castlegar, British Columbia, V1N 1H8

$980,000

Property Information:

DOWNLOAD BROCHURE BELOW for more information. Situated along Columbia Avenue in central Castlegar, 1501 Columbia Avenue represents a rarely offered opportunity for businesses or investors to acquire an exceptional commercial property with an existing +2,976 sq. ft. building featuring +75 feet of direct frontage along Columbia Avenue, and directly adjacent to No Frills, Dollarama, and Tim Hortons. The existing building includes a ~2,376 sq. ft. garage featuring 3 overhead doors (approx. 10-11.5 ft. tall) and 200 amp power, complemented by a recently constructed ~600 sq. ft. addition with a 10 ft x 10 ft overhead door, 100 amp power, and separate washroom. Featuring a total of +0.89 acres, site acess from both Columbia Avenue and the rear laneway, and direct river frontage with river and mountain valley views, the site is perfectly positioned for exciting future development upside. Proposed development plans contemplate a 15-unit multi-family development at the rear of the site with unobstructed views of the Columbia River and surrounding mountain valley. With an existing month to month tenant providing holding income and C2 zoning in place, the property offers broad flexibility for mixed-use development. 1501 Columbia Avenue offers commercial businesses and investors a highly functional building with holding income and development upside with supreme positioning along the most important commercial corridor in Castlegar. (id:27)

Building Features:

Building Type: Other
Flooring Type: Concrete
Roof Material: Steel
Roof Style: Unknown
Heating Type: Forced air

Property Features:

OwnershipType: Freehold
Property Type: Other
Access Type: Easy access, Highway access
Amenities Nearby: Public Transit, Airport, Park, Recreation, Schools, Shopping
Community Features: Family Oriented, High Traffic Area
Features: Level lot
Landscape Features:
MaintenanceFee Type:
Zoning Type: Unknown
Sewer: Municipal sewage system

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Notes:

Tristan Chart

Sales Representative Royal LePage Kelowna *

Office:250.860.1100

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Market Price Trends

Location of 1501 COLUMBIA Avenue, Castlegar, British Columbia, V1N 1H8

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

28 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

16 storms expected in 2050

Projected Heat Risk: Moderate

28 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 1501 COLUMBIA Avenue , experiences 7 hot days per year at around 32.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 36.1 degrees Celsius.

Projected Avg. Temperature

Past

32.1℃

2050

36.1℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

16 storms expected in 2050

73/100

Moderate-High

ClimateCheck®

Current data

This property, 1501 COLUMBIA Avenue , experiences 14 significant 2-day storms per year, with about 307.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 16 significant 2-day storms with 360.4mm of precipitation per year.

Precipitation Per Storm

Past

307.5mm

2050

360.4mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1501 COLUMBIA Avenue, Castlegar, British Columbia, V1N 1H8

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$113,896.76

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.57 %

High school certificate or equivalent

32.6 %

Apprenticeship trade certificate/diploma

13.63 %

College/non-university certificate

23.73 %

University certificate (below bachelor)

0.89 %

University Degree

14.57 %

Commuter

Travel To Work

By Car

90.21 %

By Public Transit

0.0 %

By Walking

4.86 %

By Bicycle

0.0 %

By Other Methods

4.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

3.16 %

Houses

96.84 %

Own Vs. Rent

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1501 COLUMBIA Avenue, Castlegar, British Columbia, V1N 1H8 $980,000 MLS® # 2479489

Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 1501 COLUMBIA Avenue, Castlegar, British Columbia, V1N 1H8

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 1501 COLUMBIA Avenue, Castlegar, British Columbia, V1N 1H8

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

1501 COLUMBIA Avenue, Castlegar, British Columbia, V1N 1H8

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