11,250 sqft

$5,045,300

This multi-award winning property stands as both a cultural landmark and high-performing investment in Revelstoke's booming downtown core. Its 11,000+ sq/ft space generates exceptional cash flow, with: • Profitability: Six figures with room to grow. • Stable Tenant Mix: 8 long-term leases (up to 15 years) • Tenant Retention: 3 renewals demonstrating exceptional occupancy satisfaction • Unique Value-Add Opportunity - The Heritage Revitalization Agreement (HRA) permits a fourth-floor addition (>3,500 sq/ft) • Future-proofing as commercial demand outpaces supply The property's irreplaceable location, combined with its diversified income streams and institutional-grade tenancies, creates a rare ""set-and-forget"" investment with appreciation upside in Canada's fastest-growing mountain resort market. Originally constructed in 1914 as a school, Mountain View served the community for nearly a century! In 2017, an award-winning renovation—led by a distinguished team including a Professor of Historic Architecture, architects, engineers, and code consultants—breathed new life into this iconic property. Rarely does a property of such grandeur and historical significance become available in Western Canada—let alone within a world-class international ski destination. Mountain View is truly the crown jewel of Revelstoke’s real estate, offering unmatched prestige and functionality. (id:64133)

• Property Details
• Building
• Land
• Rooms
• Utilities

• Property Details

  MLS® Number	10352878
  Property Type	Other
  Neigbourhood	Revelstoke
  ParkingSpaceTotal	15

• Building

  Constructed Date	1914
  Heating Fuel	Other
  Roof Material	Tar & Gravel
  Roof Style	Unknown
  Size Interior	11,250 Sqft
  Type	Residential Commercial Mix
  Utility Water	Municipal Water

  Parking

  Additional Parking

• Land

  Acreage	No
  Current Use	Mixed Use
  Sewer	Municipal Sewage System
  Size Irregular	0.42
  Size Total	0.42 Ac|under 1 Acre
  Size Total Text	0.42 Ac|under 1 Acre