Exceptional Investment Opportunity! This value-packed combination of residential and commercial real estate offers stable returns of consistent revenue with strong potential for increased revenue over time. A modern, well maintained commercial structure, occupied by an established professional services tenant includes a flexible bachelor style residential space and is complimented by a detached residential building featuring 5 self-contained two bedroom rancher-style appartments. Each residential unit includes private outdoor yard spaces and an on-site parking lot serves the needs of both the residential and commercial tenants. Excellent commercial access to Columbia Avenue's service/commercial corridor is complimented by a peaceful setting accessible from 11th Avenue to the property's rear yelding an ideal mix of business exposure and residential enjoyment. The residential rental units are highly sought-after attracting longe term mature tenants seeking single level living in a peaceful locale with the convenience of shopping, services, parks, schools, public transit and more being just steps away. Storage units and shared coin-op laundry have been provided and the grounds are auto-irrigated for easy maintenance. Take the time to explore all that is included in this remarkable and unique offering in the growing community of Castlegar! (id:2493)More details
Opportunity Knocks..... in the form of this solid, well-maintained 6-plex located in a lovely elevated setting enjoynig panoramic mountain and valley views, excellenet sun-exposure and a stategically convenient location in popular Downtown Castlegar just steps from schools, parks, shopping, public transit and more! The building is in wonderful condition having received quality updates over the years to many of its interior finishes revealing an obvious pride of ownership. Tenants have generally been long term and vacancy has been at an absolute minimum under the current owner's watch. Four of the units feature generous, open concept two bedroom layouts with covered sun-decks while the other two are bright, well-sized one bedroom layouts. The building includes a coin-op laundry, tenant storage lockers, an owner's workshop, bright interior common hallways, well landscaped grounds, abundant parking, strong curb appeal and rear alley access. This is an attractive opportunity for real-estate investors to earn a solid return at an affordable price on a building that offers attainable conveniently located housing for those seeking rental accommodations in the Crossroads of the Kootenays! (id:2493)More details
Data was last updated May 6, 2026 at 05:15 AM (UTC)
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