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257 Market Av 3,750 SF Retail Building Grand Forks, BC V0H 1H0 For Sale



Investment Highlights
- Downtown Grand Forks commercial property for sale
Executive Summary
Commercial property for sale in downtown Grand Forks, BC, offering approximately 3,750 SF of flexible space with significant redevelopment and repositioning potential. Located at 257 Market Avenue, this property presents a rare opportunity to acquire a centrally located asset with strong fundamentals for mixed-use, retail, hospitality, or residential conversion.
The building features approximately 20-foot ceiling heights and a wide open interior layout, providing excellent flexibility for adaptive reuse. These characteristics make it well suited for a variety of concepts including restaurant, bar, café, wellness studio, retail storefront, or creative commercial space.
Zoned Core Commercial (CC), the property allows for a wide range of permitted uses including retail, office, hospitality, entertainment, and residential components. Residential use is permitted up to 100% on the upper level and up to 50% on the main floor, supporting multiple mixed-use or live/work configurations.
An existing upper-level residential suite provides immediate usability and potential holding income, while the building has undergone upgrades including a newer HVAC system (2019).
This offering is best positioned as a value-add investment with strong upside through repositioning, redevelopment, or owner-occupier use in a growing downtown market.
The building features approximately 20-foot ceiling heights and a wide open interior layout, providing excellent flexibility for adaptive reuse. These characteristics make it well suited for a variety of concepts including restaurant, bar, café, wellness studio, retail storefront, or creative commercial space.
Zoned Core Commercial (CC), the property allows for a wide range of permitted uses including retail, office, hospitality, entertainment, and residential components. Residential use is permitted up to 100% on the upper level and up to 50% on the main floor, supporting multiple mixed-use or live/work configurations.
An existing upper-level residential suite provides immediate usability and potential holding income, while the building has undergone upgrades including a newer HVAC system (2019).
This offering is best positioned as a value-add investment with strong upside through repositioning, redevelopment, or owner-occupier use in a growing downtown market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Movie Theatre
Building Size
3,750 SF
Building Class
C
Year Built
1920
Tenancy
Single
Building Height
2 Stories
Zoning
CC - Core Commercial
Very walkable
80/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 19
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257 Market Av
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