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$ 565,000
Est. payment | /mo
7,434 SqFt
$ 565,000
Est. payment | /mo
7,434 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
Listed by Grand Forks Realty Ltd
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Kim Avery
Agent
67 Valley Ridge Green NW. Calgary, AB. T3B 5L5, Calgary, Alberta, T3B 5L5, CAN