LARGE SCALE COMMERCIAL BUILDING WITH DEVELOPMENT LANDS

2240 & 2232 6TH AVENUE AND 2233 COLUMBIA AVENUE | CASTLEGAR BC

$2,743,000

For Sale

$2,743,000

For Sale

The Opportunity

On behalf of the Seller, RLK Commercial is pleased to offer for sale a 100% freehold interest in 2240 and 2232 6th Avenue, and 2233 Columbia Avenue, located in Castlegar, BC (collectively the “Properties” or individually the “Property”). Featuring an industrial building (former RONA) with an estimated +32,000 SF of warehouse, showroom, office, and interior/exterior storage area, and two immediately adjacent land parcels fronting on and connecting both 6th Avenue and Columbia Avenue, the portfolio offers an exceptionally rare opportunity to acquire an industrial property of significant scale complemented by ~0.71 acres of premium development land in one of Castlegar’s most coveted mixed-use commercial and residential areas. The Properties are being offered either as a package or individually, however, it is the Seller’s preference to secure a sale for 2240 6th Avenue before the sale of the vacant lands.


Property Details

MUNICIPAL ADDESS 2240 6th Avenue 2232 6th Avenue 2233 Columbia Avenue
TYPE Industrial Vacant Land Vacant Land
SITE AREA 1.10 0.34 0.37
YEAR BUILT/RENOVATED 1976/1997 – –
TOTAL FLOOR AREA +32,000 SF – –
ZONING C3 AND R4 C3 C3
LIST PRICE $1,995,000 $349,000 $399,000

Location Overview

With immediate access to Highway 6 via Columbia Avenue within minutes, the Property offers convenient regional connectivity throughout the BC Interior and to the U.S. border (~1 hr.). Castlegar represents a key commercial hub in the BC Interior, given its location along Highway 3 (Crowsnest Highway), connecting Alberta in the east to Vancouver in the west (and Kelowna via Highway 33). Castlegar’s West Kootenay Regional Airport (WKRA) with Air Canada Jazz, runs the most consistent regional flight schedule to major regional destinations. Local businesses in the Kootenay Region benefit from a total trade area of nearly 70,000 people, and a thriving tourism industry that in 2019 saw ~550,000 visitors spend over $600 million.


Property Details

Address:

2240 & 2232 6TH AVENUE AND 2233 COLUMBIA AVENUE | CASTLEGAR BC

Land Area:

1.81 SF

Zoning:

C3 & R4

BROCHURE

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Presented By

Tristan Chart, CFA

250.777.7493

Email Tristan Chart, CFA

tristan@tristanchartcommercial.com


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Property Details

MUNICIPAL ADDESS 2240 6th Avenue 2232 6th Avenue 2233 Columbia Avenue
TYPE Industrial Vacant Land Vacant Land
SITE AREA 1.10 0.34 0.37
YEAR BUILT/RENOVATED 1976/1997 – –
TOTAL FLOOR AREA +32,000 SF – –
ZONING C3 AND R4 C3 C3
LIST PRICE $1,995,000 $349,000 $399,000

Location Overview

With immediate access to Highway 6 via Columbia Avenue within minutes, the Property offers convenient regional connectivity throughout the BC Interior and to the U.S. border (~1 hr.). Castlegar represents a key commercial hub in the BC Interior, given its location along Highway 3 (Crowsnest Highway), connecting Alberta in the east to Vancouver in the west (and Kelowna via Highway 33). Castlegar’s West Kootenay Regional Airport (WKRA) with Air Canada Jazz, runs the most consistent regional flight schedule to major regional destinations. Local businesses in the Kootenay Region benefit from a total trade area of nearly 70,000 people, and a thriving tourism industry that in 2019 saw ~550,000 visitors spend over $600 million.