3222 Munroe Street, Terrace, BC
For SALE by OWNER – Mallory Glustien
250 615 3676
250 615 3676
**Attention investors and medical professionals** This is your opportunity to own prime real estate with existing rental income. This professional building is ideally situated in the centre of Terrace with abundant parking on this large lot and 7000 sq ft on 2 levels. The lot is zoned C5, and permits a residential dwelling place. The main floor is open concept to allow for multiple layout options. The main floor has a kitchen, laundry room, staff, and guest bathrooms (with shower). The lower-level is split between a bright self-contained dwelling unit with private access on one side and the other has separate access to offices and storage. The self-contained suite (currently leased) has a kitchen and full 4-piece bathroom. Another lower-level tenant currently operates a business with access to 2 private bathrooms. Current income for this building is $5,700 per month. Potential rent would be $8,400 base lease (lease sheet available for review) which is an impressive Capitalization Rate of 7.5%.
$1,350,000
Presented by
Barry Duffield
250 975 2345
Barry@OrangeJigsaw.com
Call or email for more information