Princeton Commercial Properties for Sale

Commercial Real Estate in Princeton available for sale

Princeton Commercial Property for Sale

232 Bridge St

Princeton, BC V0X 2W0

Retail for Sale
$2,570,000 CAD
7,858 SF

Princeton Retail for Sale

We are pleased to present the opportunity to acquire 232 Bridge Street, Princeton, B.C. (the “Subject Property”). The Subject Property is anchored by Shoppers Drug Mart under a triple-net lease structure, offering secure and predictable income backed by a strong corporate covenant. Shoppers has operated at this location since 2009 and has recently exercised a five-year renewal, underscoring their long-term commitment to this site as a key location within the community.

Contact:

Marcus & Millichap

Date on Market:

2025-10-21

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219 Vermilion Av

Princeton, BC V0X 1W0

Retail for Sale
$2,360,000 CAD
10,001 SF

Princeton Retail for Sale

Fully Leased Investment Property: Multi-tenanted commercial and residential building, offered at $2,360,000 with a strong 7% CAP rate on the asking price. Solid Tenant Mix: Main floor retail unit (approx. 9,577 sq. ft.) leased to Fields Store until October 2029, with two 5-year renewal options. Residential component includes 10 upgraded units (seven 1-bed, one 2-bed, two bachelor suites). Recent Upgrades: Electrical, plumbing, heating, and cooling systems updated in 2021. Commercial unit renovated in 2024 with new LED lighting, flooring, drywall, paint, ceiling tiles, and furnace. New air conditioning scheduled for spring 2025. Attractive Income: Total gross annual income of $239,230.08, with net income of $165,530.08 after operating Prime Location: Situated on a 13,024 sq. ft. C2-zoned lot in the heart of Princeton, a growing community with competitive operating costs, low municipal tax rates, and a robust labour pool. Economic Drivers: Region supported by forestry, mining, and tourism. Copper Mountain Mine, a major local employer, has an estimated life to 2044. Fields Store Anchor Tenant: Fields is a well-established department store chain with over 60 locations across Western Canada, providing stability and reliability for investors

Contact:

Re/Max Bob Plowright Realty

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-12-09

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Commercial Properties for Sale in Princeton

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How many commercial properties are available for sale in Princeton?

There are currently 2 commercial properties available for sale in Princeton, offering a unique opportunity for businesses to establish a presence.

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

The average size of commercial properties available for sale in Princeton is about 8,930 SF. The largest commercial properties available to buy is 10,001 SF and the smallest is 7,858 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 Princeton?

The average market cap rate for commercial properties for sale is about 6.75% based on data provided in Princeton. Learn more about how cap rates are calculated.

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