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4552 LAKELSE AVENUE, Terrace | $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.

Description

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.

General Info


MLS Listing ID: C8079483 Bedrooms: 0 Bathrooms: 0 Year Built: 1954
Parking: N/A Heating: N/A Lotsize: 0.15 ac Air Conditioning : N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .