Elkford Commercial Properties for Sale

Commercial Real Estate in Elkford available for sale

Elkford Commercial Property for Sale

More details for 2200 Balmer Dr, Elkford, BC - Retail for Sale

CHAUNCEY RIDGE PLAZA - 2200 Balmer Dr

Elkford, BC V0B 1H0

Retail for Sale
$899,000 CAD
7,225 SF

Elkford Retail for Sale

Chauncey Ridge Plaza at 2200 Balmer Drive offers an established retail investment opportunity in the heart of Elkford, British Columbia. This fully leased property spans over 7,200 square feet on an expansive 0.77-acre parcel, providing both footprint and future potential. The property delivers steady cash flow with a reliable tenant mix that includes a convenience store, a daycare, a restaurant, and a beauty salon—essential businesses that serve the growing demand in this high-income mining community. Situated in a thriving mountain town, this location benefits from stability tied to Elkford’s long-standing role in Canada’s mining industry. The plaza’s positioning in the town core ensures visibility and accessibility for both local patrons and transient traffic. With fully occupied tenancy, controlled entry, fire protection systems, central air, and municipal utilities, this asset combines operational security with long-term upside as the region continues to diversify and grow alongside mining activity. Investors seeking predictable returns and community-anchored value will find this an attractive option.

Contact:

FIRST PLACE REALTY

Property Subtype:

Restaurant

Date on Market:

2026-06-01

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East Kootenay Apartment Portfolio

Multifamily for Sale
Price Upon Request
246,939 SF
6 Multifamily Properties

Portfolio of properties for Sale

Macdonald Commercial (the “Advisors”) is pleased to present the East Kootenay Apartment Portfolio (the “Portfolio”), a 242-unit multifamily offering comprising six purpose-built rental properties located throughout the East Kootenay region of British Columbia, including Cranbrook, Sparwood, and Elkford. The offering consists of Brookfield Apartments, Parkcrest Court, Golden Oak Gardens, Pineway Court, Alpine Court, and Alderwood Place, representing a diverse collection of apartment and townhouse rental housing strategically positioned within the region’s primary economic centres. The properties feature a balanced mix of one-, two-, and three-bedroom suites, together with 30 three-bedroom townhouse units, providing broad appeal to workforce, family, and long-term residents. Collectively, the Portfolio comprises 242 residential units situated across approximately 9.32 acres of land. The properties have benefited from significant capital investment, including roof replacements, building envelope restoration, exterior painting programs, balcony replacement initiatives, accessibility and parking improvements, concrete stair and landing replacements, fire alarm upgrades, and extensive suite renovation programs. More than 50 apartment and townhouse units have been renovated or upgraded throughout the Portfolio, supporting tenant retention and long-term asset performance. These initiatives have enhanced the overall condition of the assets, reduced near-term capital requirements, and created opportunities for future rental growth. The East Kootenay region continues to benefit from a diversified economic base supported by natural resource industries, healthcare, education, transportation, tourism, and commercial services. As the principal service centre for the region, Cranbrook functions as a commercial and transportation hub, while Sparwood and Elkford are supported by major mining operations that generate sustained housing demand. Investors are offered the opportunity to acquire meaningful scale within a supply-constrained rental market characterized by limited new rental inventory and historically strong occupancy fundamentals. Offered for sale as a single transaction, the Portfolio delivers immediate scale, geographic diversification within a cohesive regional market, and a well-established multifamily investment supported by a proven operating history, substantial in-place cash flow, and long-term growth potential.

Contact:

Macdonald Commercial

Property Subtype:

Multi Family

Date on Market:

2026-06-29

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Elkford MHP Portfolio

Multifamily for Sale
$2,600,000 CAD
67 SF
2 Multifamily Properties

Elkford Portfolio of properties for Sale

Positioned in the growing community of Elkford, this MHP portfolio offers a compelling opportunity to acquire two well-located and professionally operated parks at 25 Cariboo Drive and 35 Cassiar Drive. Built in 1980 and spanning a combined 11.59 acres, the properties benefit from full municipal water and sewer services and are supported by an on-site live-in caretaker, ensuring consistent day-to-day management. The portfolio comprises 48 pads and land rented to a daycare; with additional expansion potential and upside on current rents; presenting a clear path for future value creation. Ideally situated in close proximity to the town centre, the assets benefit from strong local demand driven by Elkford’s steady growth and economic stability, making this an attractive investment for both yield-oriented and value-add investors.

Contact:

Royal LePage City Centre

Property Subtype:

Multi Family

Date on Market:

2026-05-15

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Commercial Properties for Sale in Elkford

View All Available Listings

How many commercial properties are available for sale in Elkford?

There are currently 3 commercial properties available for sale in Elkford, offering a unique opportunity for businesses to establish a presence.

How big are the commercial properties available for sale in Elkford?

The average size of commercial properties available for sale in Elkford is about 84,744 SF. The largest commercial properties available to buy is 246,939 SF and the smallest is 67 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

What's the cap rate for commercial properties in Elkford?

The average market cap rate for commercial properties for sale is about 6.50% based on data provided in Elkford. Learn more about how cap rates are calculated.

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