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Kootenay Industrial 2181 Columbia Av 4,166 SF 100% Leased Industrial Building Castlegar, BC V1N 2W9 $788,011 USD ($189.15 USD/SF) 7.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Highway Location. Use of building
EXECUTIVE SUMMARY
Prime investment or owner/user property. This property is located in the commercial corridor along the main highway between Castlegar and Trail BC. This flex space can be used as is or demised into three properties as it once was. Large showroom includes an office and sales space along with plenty of wall space. The west facing windows bring plenty of light. The shop is great for numerous uses, shop door is at grade level. Yard is fully fenced.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (PRO FORMA - 2024) |
ANNUAL (USD) | ANNUAL PER SF (USD) |
|---|---|---|
| Gross Rental Income |
$34,182
|
$8.20
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$34,182
|
$8.20
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$4,558
|
$1.09
|
| Net Operating Income |
$29,624
|
$7.11
|
FINANCIAL SUMMARY (PRO FORMA - 2024)
| Gross Rental Income (USD) | |
|---|---|
| Annual | $34,182 |
| Annual Per SF | $8.20 |
| Other Income (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (USD) | |
|---|---|
| Annual | $34,182 |
| Annual Per SF | $8.20 |
| Taxes (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (USD) | |
|---|---|
| Annual | $4,558 |
| Annual Per SF | $1.09 |
| Net Operating Income (USD) | |
|---|---|
| Annual | $29,624 |
| Annual Per SF | $7.11 |
PROPERTY FACTS
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
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Kootenay Industrial | 2181 Columbia Av
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