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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
| Sale Type | Investment | APN/Parcel ID | 030-122-791 |
| 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.
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 |
| - |
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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 | Typical Floor Size | 2,910 SF |
| Property Type | Retail (Condo) | Year Built | 2017 |
| Building Class | B | Lot Size | 0.31 AC |
| Floors | 2 | ||
| Zoning | C1 - Downtown Mixed-Use | ||
| 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
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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495 Columbia Av
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