$2,980,000
( $141.47Per Sq Foot )
 $15,997 est/mo Sourced by Back At You

4605 Lazelle Avenue,Terrace, BC V8G1S3

Terrace, BC V8G1S3

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Description

Exceptional downtown investment opportunity! This C1-zoned mixed-use building offers outstanding exposure in a prime central location. The two-storey building with basement features approximately 12,900 sq ft of ground-floor commercial plaza space occupied by 9 tenants, plus 9,000 sq ft of basement storage and service areas. The 9,000 sq ft second floor offers 12 residential units, including 10 bachelor suites and 2 one-bedroom units. Fully occupied, this property provides a diverse income stream from both commercial and residential tenancies. A rare opportunity to own a substantial, income-producing asset in the heart of downtown! 7.3% cap rate. (id:13843)

Details

MLS #C8082900
Listing TypeFor Sale
StatusActive
Year1960
Days On Site7
Listing Provided ByRE/MAX Coast Mountains | Dawn Monsen

Features

SQ Feet21,064
Acreage0.48

Interior

Fireplace Yes / NoNo

Taxes

Tax Year2026

Area Information

ProvinceBC
CityTerrace
Postal CodeV8G1S3
Listing VS Median (in V8G1S3)
Price:
$2,980,000
low | high
Med:
$2,980,000
50% of Average
sqft:
21,064
low | high
Med:
21,064
50% of Average
$ / sqft:
$141
low | high
Med:
$141
50% of Average
On site:
7
low | high
Med:
7
100% of Average
Sourced by Back At You

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The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 CREA. All Rights Reserved.

Contact

Learn More About This Property

Scott Morgan

Scott Morgan

Sutton Group - Heritage Realty Inc

Sales Representative, Représentant immobilier (905) 767-2941smorgan@sutton.com
ProvinceBC
CityTerrace
Postal CodeV8G1S3
Listing VS Median (in V8G1S3)
Price:
$2,980,000
low | high
Med:
$2,980,000
50% of Average
sqft:
21,064
low | high
Med:
21,064
50% of Average
$ / sqft:
$141
low | high
Med:
$141
50% of Average
On site:
7
low | high
Med:
7
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $2.235M - $3.725M
sqft: 15,500 - 26,000
Nearby Listings Property ImageNearby Listings Details
4525 LAKELSE AVENUE Property Photo 1
$3,000,000
4525 Lakelse Avenue
Terrace, BC V8G1P3
Listing Updated: October 22, 2026 at 12:56:32 PM PDT
Scott Morgan - Sutton
44 Baldwin Street
Brooklin, ON L1M1A2
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©2021. Listing information is deemed reliable, but is not guaranteed.

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©2021. Listing information is deemed reliable, but is not guaranteed.

The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 CREA. All Rights Reserved.

  Listing Information Last Updated October 26, 2026 at 7:47:26 PM PDT