717 Victoria Road W, Revelstoke, British Columbia

About 717 Victoria Road W

PRICE REDUCED $180,000 — NOW $1,279,000. Fully tenanted mixed-use investment in the heart of downtown Revelstoke, directly across from the Revelstoke Railway Museum. The 3,790 sq ft building generates close to $99,000 in annual rental income from two established tenants. The ground-floor commercial space is leased to an established veterinary clinic on a triple-net lease through November 2028, with annual rent increases built in. The nearly 2,000 sq ft upper-level residential suite offers 4 bedrooms, 2 bathrooms, a private west-facing deck with Mount Begbie views, in-suite laundry and ample storage. The property sits on a double sized lot, for approximately 0.29 acres and 100 ft of frontage in total. The additional area of this lot provides future development or expansion potential. Recent upgrades include the furnace, AC, washing machine, dryer and hot water tank. Previously offered at $1,459,000. Now $1,279,000. With established income, long-term commercial tenancy, significant parking and a large double sized lot, this property is priced for a quick sale. (id:36535)

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