3222 Munroe Street, Terrace, British Columbia V8G 3B5

Listed for:
$995,000
0 beds
0 baths
Listed 121 days ago
3222 Munroe Street, Terrace, British Columbia V8G 3B5

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Listing provided by:
RE/MAX Coast Mountains
MLS® number:
C8070599
Agent:
Toni Kelly
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About

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:27476)

Property Highlights

MLS® Number
C8070599
Type
Retail
Land Size
0.42 ac

Building

Square Footage
7030 sqft
Amenities
Street Lighting
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location