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401 Victoria Rd 2,745 SF Retail Building Revelstoke, BC V0E 2S0 $1,505,200 USD ($548.34 USD/SF) 4.01% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime downtown Revelstoke location
- Central air conditioning
EXECUTIVE SUMMARY
The property is located within the downtown area and zoned C1 (Central Business District 2.0 for apartment building and 2.5 for General Commercial and Institution use under the current OCP) Lot size is 20,860 Sq. Ft. and is improved with a single level building of about 2,745 Sq. Ft. built in 1992, occupied by 7-Eleven Canada and gas service station with long terms lease in place with a total net yearly income of $83,880 with renewal option till Dec 31, 2037.
Great future potential site. Please call Listing Agent for information package.
Great future potential site. Please call Listing Agent for information package.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
2,745 SF
Building Class
C
Year Built
1992
Price
$1,505,200 USD
Price Per SF
$548.34 USD
Cap Rate
4.01%
NOI
$60,410 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.48 AC
Zoning
C1 - Central Business District
Walk Score®
Very Walkable (73)
NEARBY MAJOR RETAILERS
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401 Victoria Rd
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