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Investment Highlights

  • Opportunity to acquire either the commercial strata only, or the entire building
  • New construction with modern and high efficiency systems and appliances
  • Strong exposure along Columbia Avenue – Castlegar’s most important commercial street
  • Stable, long-term, easy to manage residential tenants with monthly rents between $1,600-$1,800 plus utilities, per month
  • +3,853 SF of commercial space, including 1,966 SF on main floor
  • Central location that can be easily accessed from a wide population base

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit SL 1
  • 1,966 SF
  • Office/Retail
  • $750,000 CAD ($381.49 CAD/SF)
  • -
Sale Type Investment
APN/Parcel ID 030-122-791
Sale Notes
RLK Commercial is pleased to present the opportunity to acquire a newly constructed mixed-use strata building prominently located along Columbia Avenue in the heart of Castlegar, BC. Built in 2017, the property includes one professionally improved commercial strata unit (also available separately) on the main floor with a finished basement, along with two modern 2-bedroom residential units on the second floor.

The commercial space is fully built out for office or retail use and includes several private offices, a boardroom, kitchen, washroom, and flexible basement area, with the ability to lease portions independently to maximize income potential. The space benefits from 9’0 ceilings, modern finishes, and excellent frontage along Columbia Avenue.

The upper residential units feature dedicated covered parking, exclusive patios, ample storage, and access to a full backyard and garden area — a rare offering within comparable multifamily properties. Additional upside exists through the potential conversion of the front lawn area into approximately 5–6 additional parking stalls, further enhancing tenant utility and long-term revenue potential.
Unit Unit Size Condo Use Price NOI
Unit SL 1 1,966 SF Office/Retail $750,000 CAD ($381.49 CAD/SF) -

Unit SL 1

Unit Size
1,966 SF
Condo Use
Office/Retail
Price
$750,000 CAD ($381.49 CAD/SF)
NOI
-

Unit SL 1

Unit Size 1,966 SF
Condo Use Office/Retail
Price $750,000 CAD ($381.49 CAD/SF)
NOI -
Sale Type Investment
APN/Parcel ID 030-122-791
Sale Notes
RLK Commercial is pleased to present the opportunity to acquire a newly constructed mixed-use strata building prominently located along Columbia Avenue in the heart of Castlegar, BC. Built in 2017, the property includes one professionally improved commercial strata unit (also available separately) on the main floor with a finished basement, along with two modern 2-bedroom residential units on the second floor. <br> <br> The commercial space is fully built out for office or retail use and includes several private offices, a boardroom, kitchen, washroom, and flexible basement area, with the ability to lease portions independently to maximize income potential. The space benefits from 9’0 ceilings, modern finishes, and excellent frontage along Columbia Avenue. <br> <br> The upper residential units feature dedicated covered parking, exclusive patios, ample storage, and access to a full backyard and garden area — a rare offering within comparable multifamily properties. Additional upside exists through the potential conversion of the front lawn area into approximately 5–6 additional parking stalls, further enhancing tenant utility and long-term revenue potential.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 5,820 SF
Property Type Retail (Condo)
Building Class B
Floors 2
Typical Floor Size 2,910 SF
Year Built 2017
Lot Size 0.31 AC
Zoning C1 - Downtown Mixed-Use
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 40867297

  • Date on Market: 2026-06-10

  • Last Updated:

  • Address: 495 Columbia Av, Castlegar, BC V1N 1G8

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