3,790 sqft

$1,279,000

PRICE REDUCED $180,000 — NOW $1,279,000. Fully tenanted mixed-use investment in the heart of downtown Revelstoke, directly across from the Revelstoke Railway Museum. The 3,790 sq ft building generates close to $99,000 in annual rental income from two established tenants. The ground-floor commercial space is leased to an established veterinary clinic on a triple-net lease through November 2028, with annual rent increases built in. The nearly 2,000 sq ft upper-level residential suite offers 4 bedrooms, 2 bathrooms, a private west-facing deck with Mount Begbie views, in-suite laundry and ample storage. The property sits on a double sized lot, for approximately 0.29 acres and 100 ft of frontage in total. The additional area of this lot provides future development or expansion potential. Recent upgrades include the furnace, AC, washing machine, dryer and hot water tank. Previously offered at $1,459,000. Now $1,279,000. With established income, long-term commercial tenancy, significant parking and a large double sized lot, this property is priced for a quick sale. (id:64133)

• Property Details
• Building
• Land
• Rooms
• Utilities

• Property Details

  MLS® Number	10393391
  Property Type	Other
  Neigbourhood	Revelstoke
  Features	Level Lot, Corner Site
  ParkingSpaceTotal	20

• Building

  Exterior Finish	Concrete Block, Stucco
  Roof Material	Other
  Roof Style	Unknown
  Size Interior	3,790 Sqft
  Type	Residential Commercial Mix
  Utility Water	Municipal Water

  Parking

  Additional Parking
  Rear

• Land

  Access Type	Easy Access
  Acreage	No
  Current Use	Mixed Use
  Landscape Features	Level
  Sewer	Municipal Sewage System
  Size Frontage	100 Ft
  Size Irregular	0.29
  Size Total	0.29 Ac|under 1 Acre
  Size Total Text	0.29 Ac|under 1 Acre

• Utilities

  Electricity	Available
  Sewer	Available
  Water	Available