4605 Lazelle Avenue, Terrace, British Columbia

About 4605 Lazelle Avenue

Exceptional downtown investment opportunity! This C1-zoned mixed-use building offers outstanding exposure in a prime central location. The two-storey building with basement features approximately 12,900 sq ft of ground-floor commercial plaza space occupied by 9 tenants, plus 9,000 sq ft of basement storage and service areas. The 9,000 sq ft second floor offers 12 residential units, including 10 bachelor suites and 2 one-bedroom units. Fully occupied, this property provides a diverse income stream from both commercial and residential tenancies. A rare opportunity to own a substantial, income-producing asset in the heart of downtown! 7.3% cap rate. (id:6289)

More Info on this MLS® listing

4605 Lazelle Avenue is a listing for sale in Terrace. The MLS® number is C8082900. It was built in 1960 and covers 21,064 square feet. It's currently listed for $2,980,000. For more details on MLS® C8082900, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Terrace is available now!

Selling your property?

Have a similar home to 4605 Lazelle Avenue? If you’re thinking about selling your Terrace property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Terrace property.

Listing Map