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Investment Highlights
- Corner property near Tucker's Main Street with high visibility on Lavista Rd
Executive Summary
Originally constructed in 1945, this property features many details of the time such as plaster walls, arched doorway, and a large, level lot. The property was updated and opened- up in 2025, making it ideal for a business with expansive and light-filled main rooms, two separate bathrooms, a kitchen/snack area, and several individual offices. Large windows in the front add to the visibility from high traffic Lavista Road. Right around the corner is Tucker’s Main Street, which is emerging as a vibrant, walkable, downtown area.
This property is in an ideal location for the type of office or business that benefits from being connected to Main Street downtown but with even more visibility and room for parking. At the other end of Main Street, a short walk away, is Tucker’s new town green where exciting events and concerts will be held, along with a relaxing gathering space.
Two blocks away the JW Collection is building a community of 58 gated luxury townhomes, which is sure to enhance the downtown area.
In addition to the main structure there is a brick building, almost 400 square feet; just use your imagination for how it could benefit your business, a separate office, storage, or multiple possible uses.
This property is in Tucker’s DT-1 Zoning which is designed to preserve the existing residential neighborhood character and uses while allowing compatible mixed-use and commercial uses. Examples of allowable uses include almost all types of offices, legal, medical, real estate, accounting, dog grooming, and services such as barber and beauty shops, health offices, restaurants, and retail businesses not to exceed 5000 square feet.
This property is in an ideal location for the type of office or business that benefits from being connected to Main Street downtown but with even more visibility and room for parking. At the other end of Main Street, a short walk away, is Tucker’s new town green where exciting events and concerts will be held, along with a relaxing gathering space.
Two blocks away the JW Collection is building a community of 58 gated luxury townhomes, which is sure to enhance the downtown area.
In addition to the main structure there is a brick building, almost 400 square feet; just use your imagination for how it could benefit your business, a separate office, storage, or multiple possible uses.
This property is in Tucker’s DT-1 Zoning which is designed to preserve the existing residential neighborhood character and uses while allowing compatible mixed-use and commercial uses. Examples of allowable uses include almost all types of offices, legal, medical, real estate, accounting, dog grooming, and services such as barber and beauty shops, health offices, restaurants, and retail businesses not to exceed 5000 square feet.
Property Facts
Sale Type
Investment
Property Type
Building Size
1,977 SF
Building Class
C
Year Built/Renovated
1945/2025
Price
$868,919 CAD
Price Per SF
$439.51 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,977 SF
Building FAR
0.13
Lot Size
0.35 AC
Zoning
OI - This property is in Tucker’s DT-1 Zoning which allows most office used and retail not to exceed 5000 square feet
Parking
8 Spaces (4.05 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 18-226-01-011 | Improvements Assessment | $126,737 CAD |
| Land Assessment | $171,671 CAD | Total Assessment | $298,408 CAD |
Property Taxes
Parcel Number
18-226-01-011
Land Assessment
$171,671 CAD
Improvements Assessment
$126,737 CAD
Total Assessment
$298,408 CAD
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5084 Lavista Rd
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