$889,900
( $117.09Per Sq Foot )
 $4,777 est/mo Sourced by Back At You

4552 Lakelse Avenue,Terrace, BC V8G1P8

Terrace, BC V8G1P8

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Description

Prime mixed-use investment opportunity in the heart of downtown Terrace! Situated in one of the city's most established and successful commercial districts, this well-maintained building offers both strong income potential and exceptional flexibility. The main floor is home to a thriving thrift store, providing a reliable commercial tenant in a highly visible, high-traffic location. Upstairs, you'll find a spacious and well-kept loft-style apartment featuring an open-concept layout, 3 bedrooms, and 2 bathrooms. The residential unit is currently tenanted, creating an additional revenue stream from day one. Whether you're an investor looking to expand your portfolio with a proven income-producing property or an entrepreneur seeking the convenience of operating a business while living upstairs, this property presents a rare opportunity. With its desirable downtown location, mixed-use zoning, and established rental income, this is a smart investment with long-term potential. (id:13843)

Details

MLS #C8079483
Listing TypeFor Sale
StatusActive
Year1954
Days On Site142
Listing Provided ByRE/MAX Coast Mountains | David Tooms

Features

SQ Feet7,600
Acreage0.15

Interior

Fireplace Yes / NoNo

Taxes

Tax Year2026

Area Information

ProvinceBC
CityTerrace
Postal CodeV8G1P8
Listing VS Median (in V8G1P8)
Price:
$889,900
low | high
Med:
$599,950
82.582312619395% of Average
sqft:
7,600
low | high
Med:
4,850
86.184210526316% of Average
$ / sqft:
$117
low | high
Med:
$132
36.964559955907% of Average
On site:
142
low | high
Med:
152.5
93.114754098361% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceBC
CityTerrace
Postal CodeV8G1P8
Listing VS Median (in V8G1P8)
Price:
$889,900
low | high
Med:
$599,950
82.582312619395% of Average
sqft:
7,600
low | high
Med:
4,850
86.184210526316% of Average
$ / sqft:
$117
low | high
Med:
$132
36.964559955907% of Average
On site:
142
low | high
Med:
152.5
93.114754098361% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 5:33:44 AM PDT