Description

This multi-award winning property stands as both a cultural landmark and high-performing investment in Revelstoke's booming downtown core. Its 11,000+ sq/ft space generates exceptional cash flow, with: a?? Profitability: Six figures with room to grow. a?? Stable Tenant Mix: 8 long-term leases (up to 15 years) a?? Tenant Retention: 3 renewals demonstrating exceptional occupancy satisfaction a?? Unique Value-Add Opportunity - The Heritage Revitalization Agreement (HRA) permits a fourth-floor addition (>3,500 sq/ft) a?? Future-proofing as commercial demand outpaces supply The property's irreplaceable location, combined with its diversified income streams and institutional-grade tenancies, creates a rare ""set-and-forget"" investment with appreciation upside in Canada's fastest-growing mountain resort market. Originally constructed in 1914 as a school, Mountain View served the community for nearly a century! In 2017, an award-winning renovationa??led by a distinguished team including a Professor of Historic Architecture, architects, engineers, and code consultantsa??breathed new life into this iconic property. Rarely does a property of such grandeur and historical significance become available in Western Canadaa??let alone within a world-class international ski destination. Mountain View is truly the crown jewel of Revelstokea??s real estate, offering unmatched prestige and functionality.