3222 Munroe Street Terrace, British Columbia V8G 3B5
$1,100,000
Attention Investors & Medical Professionals - This is your chance to own a versatile income-generating asset in the heart of Terrace, BC. This 7,000 sqft professional building sits on a large C5-zoned lot with ample on-site parking, offering both commercial flexibility and residential potential. A new roof adds to the long-term value, while a 9.17% cap rate and $9,700/month in base lease revenue make this a sound investment. The main level features an open-concept layout, allowing for a variety of medical, wellness, or office configurations. Complete with a kitchen, laundry area, staff and guest bathrooms (including shower), it's turnkey-ready. The lower level includes a bright, self-contained suite with a private entrance, full kitchen, and 4-piece bath-perfect for staff housing or an additional rental stream. The other half of the lower level has its own entrance and is currently leased to a business with access to two private bathrooms. Plus tons of storage. Don't miss out! (id:59126)
Property Details
| MLS® Number | C8070599 |
| Property Type | Retail |
| Road Type | Paved Road |
Building
| Amenities | Street Lighting |
| Constructed Date | 1978 |
| Fire Protection | Security System |
| Size Interior | 7,030 Ft2 |
Land
| Acreage | No |
| Size Irregular | 0.42 |
| Size Total | 0.42 Ac |
| Size Total Text | 0.42 Ac |
Parking
| Visitor Parking |
https://www.realtor.ca/real-estate/28574520/3222-munroe-street-terrace
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July 19 2025 03:04:43
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