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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

Exceptional redevelopment opportunity in the heart of downtown Terrace. This property enjoys C1 A zoning and is a stone's throw from Terrace's highly popular Farmers Market, within 1 Block of Terrace's Swimming Pool, Arena, Bike and Skate Park, directly adjacent to George Little Park and Terrace Public Library, on the same block as the Park Avenue Medical Center and within 2 blocks of Terrace's Downtown core and Restaurant and Shopping District. This property will allow a mixed-use development with Commercial and Professional Services on the Lower floors and up to 12 residential dwellings above. An additional 43,124 sq ft (0.4 HA) available directly adjacent for a potential land assembly.

Property Facts

Price $425,000 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Contractor Storage Yard
Total Lot Size 0.47 AC
Zoning C1 A - Commercial

1 Lot Available

Lot

Price $425,000 CAD
Price Per AC $904,255.32 CAD
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

The property at 4633 Davis Avenue in Terrace, BC, is a 0.47-acre parcel zoned C1-A (Downtown Commercial). It is located in close proximity to George Little Park, the Terrace Public Library, and the Park Avenue Medical Center. The site is within walking distance of the city’s downtown core, including retail and dining options, and is near recreational amenities such as a swimming pool, arena, and skate/bike park.

Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 33924705

  • Date on Market: 2024-11-19

  • Last Updated:

  • Address: 4633 Davis Av, Terrace, BC V8G 1X8

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