4552 Lakelse Avenue Terrace, British Columbia V8G 1P8
$889,900
Prime mixed-use investment opportunity in the heart of downtown Terrace! Situated in one of the city's most established and successful commercial districts, this well-maintained building offers both strong income potential and exceptional flexibility. The main floor is home to a thriving thrift store, providing a reliable commercial tenant in a highly visible, high-traffic location. Upstairs, you'll find a spacious and well-kept loft-style apartment featuring an open-concept layout, 3 bedrooms, and 2 bathrooms. The residential unit is currently tenanted, creating an additional revenue stream from day one. Whether you're an investor looking to expand your portfolio with a proven income-producing property or an entrepreneur seeking the convenience of operating a business while living upstairs, this property presents a rare opportunity. With its desirable downtown location, mixed-use zoning, and established rental income, this is a smart investment with long-term potential. (id:63476)
Property Details
| MLS® Number | C8079483 |
| Property Type | Retail |
Building
| Constructed Date | 1954 |
| Size Interior | 7,600 Sqft |
Land
| Acreage | No |
| Size Irregular | 0.15 |
| Size Total | 0.15 Ac |
| Size Total Text | 0.15 Ac |
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June 10 2026 09:35:55
BC Northern Real Estate Board
RE/MAX Coast Mountains