482 2ND AVE, Fernie, British Columbia, V0B1M0
Property TypeRetail Built in1958

Fantastic investment property with great revenue potential! Located at 482 on 2nd Ave Fernie, the entire building is for sale. This much sought-after downtown location is ideal from both a commercial & residential perspective & is surrounded by all desired amenities. The entire building is zoned - 'C1 Retail Commercial' & consists of a main commercial floor over basement, with 2 residential apartments above. The entire building has been fully renovated & updated within the last 6 yrs to include a new roof, electrics, heating, flooring & plumbing works. The property is a 5-minute drive from the Fernie Alpine Resort. The main commercial floor space is approx. 2,300 sq ft & is currently rented by Grow (children's clothing). The basement below the main floor is approx. 900 sq ft & is included as part of the commercial lease. The top floor has a separate street entrance & contains 2 residential apartments which have great potential for either long term rental or Airbnb. Apartment A - has an open plan living room (overlooking Main Street on 2nd Ave) with kitchen/breakfast bar, 2 bedrooms, 1 bathroom & is approx. 738 sq ft. Apartment B (which faces 1st Ave) is approx. 602 sq ft & consists of an open plan living room, kitchen/breakfast bar, 1 bedroom & bathroom. Each apartment is walk in ready & is tastefully decorated. Both feature in suite laundry, kitchens fitted with modern appliances, & bathrooms with contemporary fixtures. Each apartment has a storage unit located at the back of the property. An opportunity not to be missed! (id:22574)

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Amenities NearbyShopping, Ski hill, Recreation, Recreation Nearby, Golf Nearby, Schools, Stores, Ski area CommunicationHigh Speed Internet
Community FeaturesHigh Traffic Area, Family Oriented FeaturesCentral location, Visual exposure, Flat site, Other, Paved driveway
OwnershipFreehold TransactionFor sale
ZoningResidential apartment
AmenitiesStorage - Locker Constructed Date1958
Exterior FinishBrick Heating FuelNatural gas
HeatingForced air Utility WaterMunicipal water
Access TypeEasy access AmenitiesShopping, Ski hill, Recreation, Recreation Nearby, Golf Nearby, Schools, Stores, Ski area
SewerSee remarks

Listing Office: CENTURY 21 Mountain Lifestyles Inc.

Data Provided by Kootenay Association of REALTORS®

Last Modified :03/02/2022 07:02:52 PM

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