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)
| MLS # | C8079483 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1954 |
| Days On Site | 142 |
| Listing Provided By | RE/MAX Coast Mountains | David Tooms |
| SQ Feet | 7,600 |
|---|---|
| Acreage | 0.15 |
| Fireplace Yes / No | No |
|---|
| Tax Year | 2026 |
|---|
| Province | BC |
|---|---|
| City | Terrace |
| Postal Code | V8G1P8 |
| Listing VS Median (in V8G1P8) | |
Price: $889,900 low | high Med: $599,950 sqft: 7,600 low | high Med: 4,850 $ / sqft: $117 low | high Med: $132 On site: 142 low | high Med: 152.5 | |
| Province | BC |
|---|---|
| City | Terrace |
| Postal Code | V8G1P8 |
| Listing VS Median (in V8G1P8) | |
Price: $889,900 low | high Med: $599,950 sqft: 7,600 low | high Med: 4,850 $ / sqft: $117 low | high Med: $132 On site: 142 low | high Med: 152.5 | |