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INVESTMENT HIGHLIGHTS
- Zoning: C1-A – Downtown Commercial (Mixed Use)
- Development Potential: Commercial + professional services on lower floors, up to 25 residential dwellings above
- Expansion Opportunity: Adjacent 20,282 SQFT (0.19 ha) parcel available from same owner
- Ideal Location: 1 block from arena, pool, skate/bike park; adjacent to George Little Park and public library
- Proximity to Amenities: 2 blocks from Terrace’s retail, dining, and business core
- Strong Walkability & Visibility: Surrounded by community amenities and key services
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $879,000 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.99 AC |
| Property Type | Land | ||
| Zoning | C1 A - Commercial | ||
| Price | $879,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.99 AC |
| Zoning | C1 A - Commercial |
1 LOT AVAILABLE
Lot
| Price | $879,000 CAD | Lot Size | 0.99 AC |
| Price Per AC | $887,878.79 CAD |
| Price | $879,000 CAD |
| Price Per AC | $887,878.79 CAD |
| Lot Size | 0.99 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 25 residential dwellings above.
DESCRIPTION
Prime Development Opportunity – Downtown Terrace, BC This is a rare opportunity to secure a high-profile development site in the heart of downtown Terrace. Zoned C1-A (Downtown Commercial), the property is ideally positioned just one block from the community's major recreation amenities—including the swimming pool, arena, skate park, and bike park—and sits directly adjacent to George Little Park and the Terrace Public Library. With frontage in a vibrant, walkable neighborhood, this site is also on the same block as the Park Avenue Medical Center and within two blocks of Terrace’s thriving restaurant and shopping district. The C1-A zoning allows for mixed-use development with commercial and professional services on the lower floors and up to 25 residential units above—making it a perfect fit for a residential-over-retail concept or a boutique commercial-residential project. For larger scale developers, an additional 20,282 SQFT (0.19 ha) parcel is also available directly adjacent, offering further assembly and expanded design flexibility.
Presented by
4625-4631 Davis Av
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