Westgate Plaza 12 Second Av S 43,235 SF 100% Leased Retail Building Williams Lake, BC V2G 1H6 $4,978,795 USD ($115.16 USD/SF) 8.07% Cap Rate

NEW PRICE - $800K REDUCTION | Westgate Plaza
Opportunity
NAI Commercial and Lee & Associates are proud to present a prime investment opportunity: a retail plaza situated in the core downtown Williams Lake located at 12 Second Ave S and with three parking lots at 49, 59 & 69 Third Ave S (the “Properties”). This stable, income-generating property is anchored by Canada Post, a long-term tenant, and features a diverse tenant mix including Pet Valu, Scotiabank, and other reputable local retailers, ensuring consistent foot traffic and broad customer appeal. With its strong tenant roster and strategic location, this offering is ideal for investors seeking long-term, reliable income and strong growth potential.
The Property
This exceptional investment opportunity features a 43,235 SF retail plaza along with three separately titled parking lots. The retail space includes approximately 36,632 SF of single-storey retail space, complemented by a second-storey office component of 6,603 SF. Strategically located in the heart of downtown Williams Lake, the property offers superb access, visibility, and ample parking, making it a highly attractive destination for businesses.
With 462 feet of prime frontage along Second Avenue South and Oliver Street, the property enjoys unparalleled exposure to both local shoppers and highway travelers. Its close proximity to Hwy 97 (Cariboo Hwy) and Hwy 20 (Chilcotin Bella Coola Hwy) further enhances accessibility, ensuring a consistent flow of traffic. This high-profile location makes it an ideal commercial hub, offering tenants excellent foot traffic and long-term business growth potential.