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CHAUNCEY RIDGE PLAZA 2200 Balmer Dr 7,225 SF Retail Building Elkford, BC V0B 1H0 $634,658 USD ($87.84 USD/SF)



Investment Highlights
- Fully occupied retail asset positioned in a growing East Kootenay mining community.
- Located on an expansive 33,675 sq ft lot, enhancing onsite accessibility and parking.
- High-traffic area with dependable patronage from Elkford’s residential and workforce base.
- Anchored by long-standing tenants, including daycare and food service providers.
- Modern fire protection systems and municipal service connectivity in place.
Executive Summary
Chauncey Ridge Plaza at 2200 Balmer Drive offers an established retail investment opportunity in the heart of Elkford, British Columbia. This fully leased property spans over 7,200 square feet on an expansive 0.77-acre parcel, providing both footprint and future potential. The property delivers steady cash flow with a reliable tenant mix that includes a convenience store, a daycare, a restaurant, and a beauty salon—essential businesses that serve the growing demand in this high-income mining community.
Situated in a thriving mountain town, this location benefits from stability tied to Elkford’s long-standing role in Canada’s mining industry. The plaza’s positioning in the town core ensures visibility and accessibility for both local patrons and transient traffic. With fully occupied tenancy, controlled entry, fire protection systems, central air, and municipal utilities, this asset combines operational security with long-term upside as the region continues to diversify and grow alongside mining activity. Investors seeking predictable returns and community-anchored value will find this an attractive option.
Situated in a thriving mountain town, this location benefits from stability tied to Elkford’s long-standing role in Canada’s mining industry. The plaza’s positioning in the town core ensures visibility and accessibility for both local patrons and transient traffic. With fully occupied tenancy, controlled entry, fire protection systems, central air, and municipal utilities, this asset combines operational security with long-term upside as the region continues to diversify and grow alongside mining activity. Investors seeking predictable returns and community-anchored value will find this an attractive option.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,225 SF
Building Class
C
Year Built
1995
Price
$634,658 USD
Price Per SF
$87.84 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.77 AC
Zoning
C-3 - Commercial Zoning
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
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CHAUNCEY RIDGE PLAZA | 2200 Balmer Dr
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