B.C. INDUSTRIAL PORFOLIO

TENANTED SINGLE-STOREY INDUSTRIAL BUILDING AND ADJOINING VACANT LOT INDUSTRIAL DEVELOPERS AND INVESTORS - Offered for sale as a part of a Portfolio of Industrial Properties in BC. This portion of the portfolio includes two side-by-side industrial properties in Castlegar, BC that have the potential for further densification through redevelopment. The properties total .6334 acres and are currently zoned M1 – Light Industrial which would allow development of almost 50,000 SF based on Max. FAR and up to 3 storeys. Currently there is a tenanted, single-storey, 7,746 SF commercial building with 3 grade level loading bays on one of the properties. Offering cash flow and holding income until the properties can be further redeveloped.