B.C. INDUSTRIAL PORTFOLIO
5130 Park Avenue
Terrace , BC V8G 5S6
FOR SALE
Off Market Listing
Property Type:
IndustrialAmount:
Please Call Broker for PriceCap Rate:
0.00%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.