2316 Columbia Avenue, South Castlegar, British Columbia V1N 2X1

Download the brochure at the link below for more info. 2316 Columbia Avenue represents a 3,000 sq. ft. commercial office building at the heart of Castlegar, BC. Fully leased on a triple net basis to BC General Employees' Union (BCGEU), with more than 5 years of lease term remaining and 3% annual contractual rent steps, the Property offers long-term income stability and growth. Centrally located with efficient access from the surrounding region, and prominent exposure along Columbia Avenue (Hwy 22), Castlegar's primary commercial corridor, the Property is within a 1-minute drive from Castlegar's highest concentration of restaurant, service and entertainment amenities. The building has further benefited from significant recent capital upgrades, both from the landlord and tenant, including rooftop HVAC, hot water tank, parking lot re-surfacing, and more. Tenant amenities include parking for +/-12 vehicles, an outdoor patio, building elevator, highway signage, and a new roof that is currently under construction. (id:27476)

Conveniently situated in the heart of Castlegar, BC, 2316 Columbia Avenue is a 3,000 sq. ft. commercial office building with a range of amenities nearby. These include parks, the airport, public transit, recreational facilities, highways, and schools. The property is owned as Freehold and is fully leased to the BC General Employees' Union (BCGEU) on a triple net basis, providing long-term income stability and growth. With over 5 years remaining on the lease and 3% annual rent increases, this property offers a lucrative investment opportunity.

Located on Castlegar's primary commercial corridor, the property enjoys prominent exposure along Columbia Avenue (Hwy 22) and is just a 1-minute drive from the area's highest concentration of restaurants, services, and entertainment amenities. Recent capital upgrades, including a 60-year rubber roof, rooftop HVAC, hot water tank, and parking lot resurfacing, have further enhanced the building. Tenant amenities such as parking for +/-12 vehicles, an outdoor patio, building elevator, and highway signage add to the property's appeal.

For those interested in purchasing this property, a brochure with more information can be downloaded from the provided link. The land size is under 1 acre, and the property is located at 2316 Columbia Avenue in South Castlegar, British Columbia. The building exterior is finished with stucco, and it is heated using electric forced air. The postal code for this property is V1N2X1, situated in the community of South Castlegar.