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4702-4720 LAZELLE AVENUE, Terrace, British Columbia, V8G 1T2

MLS® # C8065936
Commercial For Sale In Terrace, British Columbia
$6,395,000
4702-4720 Lazelle Avenue, Terrace, BC
4702-4720 Lazelle Avenue, Terrace, BC
4702-4720 Lazelle Avenue, Terrace, BC
4702-4720 Lazelle Avenue, Terrace, BC
4702-4720 Lazelle Avenue, Terrace, BC
4702-4720 Lazelle Avenue, Terrace, BC
4702-4720 LAZELLE AVENUE, Terrace, British Columbia, V8G 1T2
$6,395,000

Property Information:

If you've been looking for an investment opportunity this property might be just what you've been looking for. Centrally located strip mall proving 32,564 sq ft of street level retail and office space plus an additional 5375 sq ft on the second floor is currently home to 22 different businesses offering a variety of services. Lane access to the rear of the building, there is also an additional vacant lot at 4721 Park for tenant parking. Plenty of customer parking, property is also within walking distance of neighboring retail business such as banks, restaurants and other customer services. (id:27)

Building Features:

  • Style: Retail
  • Amenities: Storefront
  • Floor Space: 37939 sqft
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Retail
  • Built in: 1988
  • Floor Space (approx): 37939 Square Feet
  • Road Type: Paved road
  • Structure Type: Sidewalk

Courtesy of: RE/MAX Coast Mountains

REALTOR.ca  

Location of 4702-4720 LAZELLE AVENUE, Terrace, British Columbia, V8G 1T2

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-Low

19 hot days expected in 2050

Projected Precipitation Risk: High

15 storms expected in 2050

Projected Heat Risk: Moderate-Low

19 hot days expected in 2050

28/100

Moderate-Low

ClimateCheck®

Current data

This property, 4702-4720 LAZELLE AVENUE , experiences 7 hot days per year at around 29 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 19 hot days at 32 degrees Celsius.

Projected Avg. Temperature

Past
29℃
2050
32℃

# Hot Days Per Year

Past
7
2050
19

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: High

15 storms expected in 2050

95/100

High

ClimateCheck®

Current data

This property, 4702-4720 LAZELLE AVENUE , experiences 12 significant 2-day storms per year, with about 507.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 631.8mm of precipitation per year.

Precipitation Per Storm

Past
507.5mm
2050
631.8mm

48-Hour Storms Per Year

Past
12
2050
15

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.

Demographic Information of 4702-4720 LAZELLE AVENUE, Terrace, British Columbia, V8G 1T2

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$96,442.45

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.51 %

High school certificate or equivalent

29.23 %

Apprenticeship trade certificate/diploma

14.55 %

College/non-university certificate

19.39 %

University certificate (below bachelor)

1.83 %

University Degree

15.49 %

Commuter

Travel To Work

By Car

74.22 %

By Public Transit

1.9 %

By Walking

21.67 %

By Bicycle

0.0 %

By Other Methods

2.21 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

42.68 %

Houses

57.32 %

Own Vs. Rent