1735 & 1755 Riverside Avenue
1735 & 1755 Riverside Avenue
- 1735 & 1755 Riverside Avenue
- 1735 & 1755 Riverside Avenue
- Zoning
- R7
- PID
- 029-634-148
- Gross income multiplier
- $241,575
- Legal description
- Parcel B Plan NEP1597 District Lot 230 Land District 26 (BEING A CONSOLIDATION OF LOTS 16, 17 & 18, SEE CA4605533)
Macdonald Commercial is proud to present a unique opportunity to acquire a well-maintained 22-unit apartment building in Trail, BC. The property offers plenty of upside in rental income.
Built in 1929, the property offers an 18-unit 3-storey building and a 4-unit 3-storey building.
The property features a torch-on roof and vinyl seal windows. Building 1 offers 600-amp electrical service while Building 2 offers 200-amp electrical service.
Here is the exciting opportunity to own a rental building in the growing West Kootenay region with rental income upside!
The subject property is strategically situated along Riverside Avenue. While being situated just a short walk from Trail’s commercial center, the property is equally close to Jubilee Park and the scenic Columbia River Skywalk. The Trail Aquatic and Leisure Centre is also a 10-minute walk from the property. Trail is home to Teck Resources, one of the world’s largest zinc and lead smelters.
On a larger scale, the City of Trail’s central West Kootenay location offers relatively quick access to many regional attractions including Rossland, BC’s renowned ski resort, RED Mountain Resort. Picturesque Kootenay Lake is located within an hour of the property, as is the City of Nelson.
