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Grand Forks
2320 78th Avenue
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2320 78th Avenue $2,550,000
$2,550,000
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2320 78th Avenue
Grand Forks, British Columbia V0H1H2

MLS® Number: 10349416

Listing Description

Court Ordered Sale Capture the untapped potential of this expansive 24,000+ sq ft property, a prime investment opportunity that’s already cash flow positive. Anchored by a secure 4-year government lease for a portion of the property, this building ensures stable income while offering partially renovated areas ready for completion to boost future revenue. With a compelling 9.3% CAP rate*, this property is a rare find for investors seeking strong fundamentals and room for strategic growth. Don’t miss this chance to invest in a sizable asset with immediate returns and long-term value. (38717506)

Property Summary

Property Type
Other
Building Type
Residential Commercial Mix
Neighbourhood Name
Grand Forks
Title
Freehold
Land Size
2 ac|1 - 5 acres
Built in
1970
Time on REALTOR.ca
26 days

Price and Sale History

Date Status Price
Feb 13, 2019 Sale Closed $440,000
Apr 13, 2011 Sale Closed $260,000

Building

Bathrooms
Partial
0
Building Features
Features
Level lot, Wheelchair access
Fire Protection
Sprinkler System-Fire, Security system
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, Radiant heat
Utilities
Utility Type
Cable (Available), Electricity (Available), Natural Gas (Available), Telephone (Available), Sewer (Available), Water (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Roof Style
Unknown (Other)
Exterior Finish
Stucco
Neighbourhood Features
Amenities Nearby
Park, Schools

Measurements

Square Footage
24209 sqft

Land

Lot Features
Landscape Features
Level
Present Use
Mixed use
Other Property Information
Access
Easy access
Zoning Type
See Remarks
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6
778-565-1397
REALTOR® Website
Email
Book showing
Royal LePage Little Oak Realty
101 - 15955 Fraser Highway
Surrey, British Columbia V4N0Y3
778-565-1397
Office Website
Brian Thate