3222 Munroe Street, Terrace, British Columbia

$1,100,000

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7,030

Square feet

0.42

Acres

About 3222 Munroe Street

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:36535)

Features of 3222 Munroe Street

Listing # C8070599
Price $1,100,000
Bathrooms 0.00
Square Footage 7,030
Acres 0.42
Year Built 1978
Type Retail

Community Information

Address 3222 Munroe Street
City Terrace
Province British Columbia
Postal Code V8G3B5

Amenities

Amenities Street Lighting
Parking Visitor Parking
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Listing Details

OfficeCourtesy Of Toni Kelly Of RE/MAX Coast Mountains

Listing Map