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1060 Eldorado St 18,807 SF 100% Leased Office Building Trail, BC V1R 3V7 $3,650,000 CAD ($194.08 CAD/SF) 2.38% Cap Rate



Investment Highlights
- Fully renovated to the shell in 2024.
- Rick Hansen Foundation Accessibility Certified.
- Offers beautiful Columbia River views.
- Features a 50 kW rooftop solar array.
- Zoned C1A which uniquely permits warehousing.
Executive Summary
RLK Commercial is pleased to present the opportunity to acquire one of the top commercial office buildings in the region, featuring Class A office space, a diversified income profile including warehouse, mini-storage, and commercial kitchen space, and a prominent corner location in the heart of downtown Trail, BC. In 2024, the property was taken down to the shell and extensively renovated, with an estimated $5.5 million invested into the retrofit.
The property is comprised of three distinct income-producing components on a single parcel: two floors of fully renovated office space (9,400 SF combined), a 63-unit basement mini-storage facility (32 units currently permitted) and a 4,316 SF warehouse with 26’ ceilings and potential overhead door access. The building offers a rare combination of modern infrastructure, diversified income streams, and a high-exposure downtown location.
The ~$5.5 million renovation included all-new electrical, plumbing, insulation, windows, stucco exterior, elevator, 50 kW rooftop solar array (reducing annual utility costs from approximately $30,000 to $3,000), two 12 ton heat pumps, advanced security system, washrooms, office improvements, and roof.
The property is comprised of three distinct income-producing components on a single parcel: two floors of fully renovated office space (9,400 SF combined), a 63-unit basement mini-storage facility (32 units currently permitted) and a 4,316 SF warehouse with 26’ ceilings and potential overhead door access. The building offers a rare combination of modern infrastructure, diversified income streams, and a high-exposure downtown location.
The ~$5.5 million renovation included all-new electrical, plumbing, insulation, windows, stucco exterior, elevator, 50 kW rooftop solar array (reducing annual utility costs from approximately $30,000 to $3,000), two 12 ton heat pumps, advanced security system, washrooms, office improvements, and roof.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
18,807 SF
Building Class
B
Year Built/Renovated
1932/2024
Price
$3,650,000 CAD
Price Per SF
$194.08 CAD
Cap Rate
2.38%
NOI
$87,000 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,403 SF
Building FAR
1.88
Lot Size
0.23 AC
Zoning
C1A - General Commercial (also permits warehousing/storage use
to 10,000 SF – unique to this site)
Amenities
- Controlled Access
- Conferencing Facility
- Food Service
- Security System
- Wheelchair Accessible
- Reception
- Roof Terrace
- Storage Space
- Air Conditioning
- Solar Panels
- Shower Facilities
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Exceptionally walkable
90/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
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Videos
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Photos
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Map
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1060 Eldorado St
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