283 Market Avenue Active

Grand Forks,BC V0H1H0

$ 565000

- Bed

0 Bath

7434 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,434 sqft

Price per Sqft $76

Subdivision Grand Forks

MLS Listing ID 10362472

Year Built 1930

Lot Size 3,920 Sqft

Acres 0.09

Source Association of Interior REALTORS®

Property Description

Great investment opportunity in the heart of Downtown Grand Forks! Offering an impressive 7% cap rate and with 7434 ft2 over two levels, this multi-use commercial property is in a prime central location with plenty of foot traffic and free parking. The lower level is split into two retail stores, both currently leased. 275 Market Ave has a store space of approx. 1440 ft2, with additional storage space, and is currently occupied by a consignment clothing store. 283 Market Ave has a store space of approx. 1288 ft2, with additional storage space, and is currently leased by the popular Avalon Gardens store. The upper level has two large apartment units, both with tenants in place. Unit 2 is approx. 1497 ft2, with 2 bedrooms, 1 bathroom, kitchen, very large living room, and an in-suite laundry. Unit 1 is approx. 1360 ft2, with 1 bedroom, 1 office/den, kitchen, very large living room, in-suite laundry and bathroom. For interested parties, full financial information is available, along with detailed floor plans, virtual tour and other supporting documentation. (id:24570)

Location

Province BC

Zoning Commercial

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Roof Type Unknown

Private Pool No

Building

Sewer Municipal sewage system

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