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Description
Download the brochure at the link below for more info. 2316 Columbia Avenue represents a 3,000 sq. ft. commercial office building at the heart of Castlegar, BC. Fully leased on a triple net basis to BC General Employees' Union (BCGEU), with more than 5 years of lease term remaining and 3% annual contractual rent steps, the Property offers long-term income stability and growth. Centrally located with efficient access from the surrounding region, and prominent exposure along Columbia Avenue (Hwy 22), Castlegar's primary commercial corridor, the Property is within a 1-minute drive from Castlegar's highest concentration of restaurant, service and entertainment amenities. The building has further benefited from significant recent capital upgrades, both from the landlord and tenant, including a 60-year rubber roof, rooftop HVAC, hot water tank, parking lot re-surfacing, and more. Tenant amenities include parking for +/-12 vehicles, an outdoor patio, building elevator, and highway signage.