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1163 Cedar Avenue
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1163 Cedar Avenue $592,000
$592,000
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1163 Cedar Avenue
Trail, British Columbia V1R4B8

MLS® Number: 10348054

Listing Description

Available for sale is the Trail Daily Times Building, located at 1163 Cedar Avenue, in downtown Trail, BC. Occupied by the Trail Times (now Black Press Group Ltd.) for +50 years and Steps Dance Centre for +20 years, this iconic centrepiece sits between the Kootenay Savings Credit Union (KSCU) headquarters and the recently renovated Austin Engineering (BBA Consultants) building, and within a 1-minute walk from Ferraro Foods, Starbucks, Shoppers Drug Mart, A&W, Dairy Queen, McDonald's, and many other convenient retail, entertainment and service amenities offered in downtown Trail. The property is centrally located and prominently positioned along Cedar Avenue, with direct visibility from Highway 3B, occupying an irreplaceable location at the heart of Trail’s downtown core, supporting the property's long-term competitive positioning. Currently 100% leased, the Property comprises approximately 7,880 SF of rentable area across two floors, generating net income of +$53,083. Trail represents a growing regional trade area supported by one of the world’s largest fully integrated zinc and lead smelting and refining complexes – owned and operated by Teck (TSX: TECK.B), with 2024 gross revenues of +$2B for Teck’s Trail Operations alone. Trail is located in the West Kootenay region of the BC Interior, which represents one of Canada’s top four-season recreational tourism destinations, attracting visitors from all over North America. Download the brochure at the link below for more info. (38665256)

Property Summary

Property Type
Office
Building Type
Offices
Neighbourhood Name
Trail
Title
Freehold
Land Size
0.11 ac|under 1 acre
Built in
1963
Annual Property Taxes
$8,714.72
Time on REALTOR.ca
37 days

Price and Sale History

Date Status Price
Dec 23, 2014 Sale Closed $235,000

Building

Bathrooms
Partial
0
Building Features
Features
Level lot
Present Use
Offices
Heating & Cooling
Cooling
Heat Pump
Heating Type
Heat Pump, Other
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Roof Style
Unknown (Tar & gravel)
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Airport, Shopping

Measurements

Square Footage
8969 sqft

Land

Lot Features
Landscape Features
Level
Other Property Information
Access
Easy access, Highway access
Zoning Type
Commercial
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6
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