4552 LAKELSE AVENUE
Terrace, British Columbia
MLS® C8079483
$889,900
- Status
- Active
- Property type
- Retail
- MLS® number
- C8079483
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1954
1 / 33Listing description
Prime mixed-use investment opportunity in the heart of downtown Terrace! Situated in one of the city's most established and successful commercial districts, this well-maintained building offers both strong income potential and exceptional flexibility. The main floor is home to a thriving thrift store, providing a reliable commercial tenant in a highly visible, high-traffic location.
Upstairs, you'll find a spacious and well-kept loft-style apartment featuring an open-concept layout, 3 bedrooms, and 2 bathrooms. The residential unit is currently tenanted, creating an additional revenue stream from day one. Whether you're an investor looking to expand your portfolio with a proven income-producing property or an entrepreneur seeking the convenience of operating a business while living upstairs, this property presents a rare opportunity.
With its desirable downtown location, mixed-use zoning, and established rental income, this is a smart investment with long-term potential.
Property summary
- MLS® number
- C8079483
- Property type
- Retail
- Square footage
- 7,600 sq ft
- Land size
- 0.15 acres
- Built in
- 1954
- Days on market
- 81 days
What would this home cost you?
Based on the $889,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Coast Mountains, Terrace.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.