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5130 Park Av 19,328 SF Vacant Industrial Building Terrace, BC V8G 5S7 $4,500,000 CAD ($232.82 CAD/SF)

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EXECUTIVE SUMMARY

INDUSTRIAL DEVELOPERS AND INVESTORS – The property is approximately 5.52 acres and has a single stand-alone commercial building with 6 fully tenanted units totaling approx. 19,328 SF. The excess land on this property gives the potential for further redevelopment. The property is currently zoned C3 – Service Commercial which would allow redevelopment of up to approx. 240,450 SF based on a FAR of 1.0. This tenanted building is income generating and can provide an investor with ongoing cash flow

PROPERTY FACTS

Price $4,500,000 CAD
Price Per SF $232.82 CAD
Sale Type Investment or Owner User
Property Type Industrial
Building Class C
Lot Size 5.52 AC
Rentable Building Area 19,328 SF
No. Stories 1
Year Built 1981
Zoning C3 - Service Commercial

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl - Yard
  • 19,328 SF
  • Industrial
  • -
  • Now

RE/MAX Kelowna presents this outstanding opportunity to lease yard space just off Kalum Lake Road, centrally located in Terrace, BC. Build-to-suit opportunity centrally located in Terrace, BC. Approx. 1.55 acres or +/-67,568 SF of flat, “L” shaped land available, with the main portion being about 300 FT x 140 FT. Access to the property is over a pan-handle right-of-way off Kalum Lake Road. Centrally located with easy access to Highway 16 and Highway 113. Property is zoned C3 - Service Commercial allowing for numerous commercial and accessory uses. Rates to be negotiated depending on the build to suit details.

Space Size Space Use Condition Available
1st Fl - Yard 19,328 SF Industrial - Now

1st Fl - Yard

Size
19,328 SF
Space Use
Industrial
Condition
-
Available
Now

1st Fl - Yard

Size 19,328 SF
Space Use Industrial
Condition -
Available Now

RE/MAX Kelowna presents this outstanding opportunity to lease yard space just off Kalum Lake Road, centrally located in Terrace, BC. Build-to-suit opportunity centrally located in Terrace, BC. Approx. 1.55 acres or +/-67,568 SF of flat, “L” shaped land available, with the main portion being about 300 FT x 140 FT. Access to the property is over a pan-handle right-of-way off Kalum Lake Road. Centrally located with easy access to Highway 16 and Highway 113. Property is zoned C3 - Service Commercial allowing for numerous commercial and accessory uses. Rates to be negotiated depending on the build to suit details.

  • Listing ID: 30418771

  • Date on Market: 2023-12-21

  • Last Updated:

  • Address: 5130 Park Av, Terrace, BC V8G 5S7

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