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$5,045,300
British Columbia,Revelstoke
For Sale Active
616 Third Street W, Revelstoke, British Columbia V1E0B4
  • 11,250 Sqft
Basic Details
Description

This multi-award winning property stands as both a cultural landmark and high-performing investment in Revelstoke’s booming downtown core. Its 11, 000+ sq/ft space generates exceptional cash flow, with: • Profitability: Six figures with room to grow. • Stable Tenant Mix: 8 long-term leases (up to 15 years) • Tenant Retention: 3 renewals demonstrating exceptional occupancy satisfaction • Unique Value-Add Opportunity

– The Heritage Revitalization Agreement (HRA) permits a fourth-floor addition (>3, 500 sq/ft) • Future-proofing as commercial demand outpaces supply The property’s irreplaceable location, combined with its diversified income streams and institutional-grade tenancies, creates a rare “”set-and-forget”” investment with appreciation upside in Canada’s fastest-growing mountain resort market. Originally constructed in 1914 as a school, Mountain View served the community for nearly a century! In 2017, an award-winning renovation—led by a distinguished team including a Professor of Historic Architecture, architects, engineers, and code consultants—breathed new life into this iconic property. Rarely does a property of such grandeur and historical significance become available in Western Canada—let alone within a world-class international ski destination. Mountain View is truly the crown jewel of Revelstoke’s real estate, offering unmatched prestige and functionality. (id:62650)

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Basic Details
  • Property Type: Other
  • Listing Type: For Sale
  • Listing ID: 10352878
  • Price: $5,045,300
  • Square Footage: 11,250 Sqft
  • Year Built: 1914
  • Status: Active
  • Property Sub Type: Other
  • Roof:
  • Office Key: 293926
Features & Appliances
Features
  • Heating System: Other
  • Parking: Additional Parking
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, British Columbia, Revelstoke, V1E0B4
  • Street: Third
  • Street Number: 616
  • Street Suffix: Street
  • Longitude: W119° 47' 51.1''
  • Latitude: N51° 0' 4.4''
  • Street Dir Suffix: West
Additional Information
  • Water Source:
  • Current Use:
  • Lot Size Dimensions: 0.42
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Listing updated: 2026-08-10 13:41:48
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Listing Information
  • List Agent Key: 2243719
  • List Office Key: 293926
  • Modification Timestamp: 2026-07-30T23:10:02Z
  • Originating System Name: Association of Interior REALTORS®
  • Status Change Timestamp: 2026-07-30T23:00:29Z
Powered by REALTOR.ca
Listing updated: 2026-08-10 13:41:48
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