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INVESTMENT HIGHLIGHTS
- Zoning: C1-A – Downtown Commercial (Mixed Use)
- Development Potential: Commercial and professional space at grade with up to 12 residential dwellings above
- Assembly Opportunity: Adjacent 43,124?SQFT (0.4?ha) parcel available for larger redevelopment
- Unmatched Location: Steps from the Farmers Market, adjacent to George Little Park and the Public Library
- Surrounding Amenities: 1 block from pool, arena, skate/bike park; 2 blocks from downtown shops and restaurants
- High Visibility & Walkability: Centrally located in a highly trafficked, amenity-rich zone
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $304,459 USD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.47 AC |
| Property Type | Land | ||
| Zoning | C1 A - Commercial | ||
| Price | $304,459 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.47 AC |
| Zoning | C1 A - Commercial |
1 LOT AVAILABLE
Lot
| Price | $304,459 USD | Lot Size | 0.47 AC |
| Price Per AC | $647,784.47 USD |
| Price | $304,459 USD |
| Price Per AC | $647,784.47 USD |
| Lot Size | 0.47 AC |
This property enjoys C1 A zoning and will allow a mixed-use development with Commercial and Professional Services on the Lower floors and up to 12 residential dwellings above.
DESCRIPTION
Downtown Terrace Redevelopment Opportunity – C1-A Zoning An exceptional opportunity to redevelop a prime parcel in the heart of downtown Terrace. Zoned C1-A (Downtown Commercial), this site is ideally located just steps from Terrace’s beloved Farmers Market and George Little Park, offering unmatched community exposure and access. The property is within one block of key public amenities including the swimming pool, arena, skate park, and bike park, and shares the block with the Park Avenue Medical Center. Just two blocks away lies Terrace’s vibrant downtown shopping and dining district—ensuring a strong location for both commercial and residential demand. The current zoning allows for a mixed-use development with commercial or professional services on the lower floors and up to 12 residential units above, making it well-suited for a mid-scale urban infill project. For developers seeking a larger footprint, an additional 43,124?SQFT (0.4?ha) is available immediately adjacent, offering a potential land assembly for a significantly expanded build.
Presented by
4633 Davis Av
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