5130 Park Avenue Terrace , BC V8G 5S6

5130 Park Avenue , Terrace , BC, V8G 5S6, CA
5130 Park Avenue , Terrace , BC, V8G 5S6, CA 5130 Park Avenue , Terrace , BC, V8G 5S6, CA 5130 Park Avenue , Terrace , BC, V8G 5S6, CA 5130 Park Avenue , Terrace , BC, V8G 5S6, CA
FOR SALE Off Market Listing
Property Type:
Please Call Broker for Price

Cap Rate:
Last Verified:
Aug 09, 2023

FULLY TENANTED SINGLE-STOREY INDUSTRIAL BUILDING WITH EXCESS LAND INDUSTRIAL DEVELOPERS AND INVESTORS - Offered for sale as a part of a Portfolio of Industrial Properties in BC. This portion of the portfolio includes a large industrial property located in Terrace, BC. The property is approximately 5.52 acres and has a single stand-alone commercial building with 6 fully tenanted units totalling 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 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.

Map of 5130 Park Avenue , Terrace , BC, V8G 5S6, CA

Presented by:

Request additional information

Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.