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$2,980,000
British Columbia,Terrace
For Sale Active
4605 LAZELLE AVENUE, Terrace, British Columbia V8G1S3
  • 21,064 Sqft
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Basic Details
Description

Exceptional downtown investment opportunity! This C1-zoned mixed-use building offers outstanding exposure in a prime central location. The two-storey building with basement features approximately 12, 900 sq ft of ground-floor commercial plaza space occupied by 9 tenants, plus 9, 000 sq ft of basement storage and service areas. The 9, 000 sq ft second floor offers 12 residential units, including 10

bachelor suites and 2 one-bedroom units. Fully occupied, this property provides a diverse income stream from both commercial and residential tenancies. A rare opportunity to own a substantial, income-producing asset in the heart of downtown! 7.3% cap rate. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: C8082900
  • Price: $2,980,000
  • Square Footage: 21,064 Sqft
  • Year Built: 1960
  • Status: Active
  • Office Name: RE/MAX Coast Mountains
  • Property Sub Type: Retail
  • Office Key: 278413
Address Map
  • Location: CA, British Columbia, Terrace, V8G1S3
  • Street: LAZELLE
  • Street Number: 4605
  • Street Suffix: Avenue
  • Longitude: W129° 24' 46.8''
  • Latitude: N54° 31' 1.8''
Additional Information
  • Lot Size Dimensions: 0.48
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Listing updated: 2026-11-15 04:08:05
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Listing Information
  • List Agent Key: 2048445
  • List Office Key: 278413
  • Modification Timestamp: 2026-10-22T21:20:00Z
  • Originating System Name: BC Northern Real Estate Board
  • Status Change Timestamp: 2026-10-22T21:13:44Z
Powered by REALTOR.ca
Listing updated: 2026-11-15 04:08:05
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