37738 Third Ave, Squamish, BC V8B 0A2

$2,999,000
2
BD
2
BA
6,561
SqFt

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List Price
$2,999,000
Status
ACTIVE
MLS® #
R3134637
Year Built
2010
Subtype
Other
Stories
3
Bedrooms
2
Total baths
2
Living Area
6,561
Area
Squamish
Community
Downtown SQ

Property Description

Exceptional mixed-use investment opportunity in the heart of Downtown Squamish. Situated on a 12,000 sq.ft. site, this 3-level building offers 6,561 sq.ft. of leasable space with industrial, office & 2 Penthouse condos, creating multiple income streams. The ground floor features high-clearance industrial/shop space with secure covered storage, the second level offers professional office space & the top floor includes 2 executive residential suites with private elevator access & mountain views. When fully leased, generates approx. $189,000 in annual gross income & over $140,000 NOI, this property offers strong cash flow & flexibility for investors or owner-users. Adjoining 6,000 sq.ft. parcel is also available for future development or assembly potential at 37718 Third Ave with 1.7 FSR.

Additional Information

Lot Size
12,000
Amenities
Near Shopping
Site Influences
Central Location, Recreation Nearby, Ski Hill Nearby
Levels
Three Or More
Acres
0.28
Region
Squamish
Title To Land
Freehold NonStrata

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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.