5130 Park Avenue, Terrace, BC

Photo
5130 Park Avenue, Terrace, BC floorplan

19,328 ft²
Industrial
$4,500,000
Sale


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INDUSTRIAL DEVELOPERS AND INVESTORS – The property is approximately 5.52 acres and has a single stand-alone commercial building with 6 fully tenanted units totalling approx. 19,328 SF. The excess land on this property gives the potential for further redevelopment. The property is currently zoned C3 – Service Commercial which would allow redevelopment of up to approx. 240,450 SF based on a FAR of 1.0. This tenanted building is income generating and can provide an investor with ongoing cash flow.


The Space
Asking Price$4,500,000
Available Space19,328 ft²
Property UseIndustrial
SourceDirect

The Building

INDUSTRIAL DEVELOPERS AND INVESTORS – The property is approximately 5.52 acres and has a single stand-alone commercial building with 6 fully tenanted units totalling approx. 19,328 SF. The excess land on this property gives the potential for further redevelopment. The property is currently zoned C3 – Service Commercial which would allow redevelopment of up to approx. 240,450 SF based on a FAR of 1.0. This tenanted building is income generating and can provide an investor with ongoing cash flow.

Property TypeIndustrial
Building Size19,238 ft²
Lot Size5.52 AC