V0X Grocery and Convenience Stores for Sale

Commercial Real Estate in V0X available for sale

Retail Spaces for Sale Within of V0X

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