$1,490,000
FOR SALE

Property

Lot: 25 x 0 ft

302 Mackenzie Avenue
Revelstoke, BC V0E 2S0

Revelstoke legacy commercial property in the center of downtown available for purchase with long term fully invested tenant in place. Originally Mannings restaurant, the building was re-outfitted with complete makeover from its original restaurant use with conversion to prime retail and residential mixed use in 2023. Renovations were numerous and included inspections and architectural approvals to bring up to current code for revision of commercial usage. Updates included, newly painted and outfitted main floor with new insulation, new front door, new LED lighting, new subfloor and flooring, new universal bathroom, complete new roof/flashing along with new propane rooftop heater and electric a/c (installation to be completed prior to completion of sale). Basement in great condition with new sump pump and lots of opportunities to develop and use beyond current capacity. Building exterior and interior is in A plus condition along with being in a coveted location that will work for a wide variety of commercial, retail and residential tenants. Upstairs includes a fully separate 3 plus bedroom apartment with fantastic views and recent updates including new bathroom. Great as sub rental or staff housing or owner occupied. Current lease includes residential and commercial space with tenant invested in outfitting space with walk in cooler, signage and fixtures for thier business with a long term outlook. Pride of ownership throughout. Own this space with solid returns in a market with currently undervalued commercial property that will increase as developments like Cabot Golf course complete and open in 2027. Price does not include applicable gst, to be added on offers to purchase. (id:47421)
Share
Listed By Coldwell Banker Executives Realty
Data Provided By Association of Interior REALTORS®
MLS® Listing Number 10333623
Last Updated Feb 20, 2025
Property Summary
Property Type Other

More like this:
Neighbourhood Revelstoke
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Lot 25 x 0 ft
Amenities Nearby Golf Nearby, Park, Recreation, Shopping
Community Features High Traffic Area
Features Level lot
Listing Contract Date 2025-02-20
Municipal ID 014-199-131
Property Type Other
Transaction Type For sale
Zoning Unknown
Building
Constructed Date 1913
Exterior Finish Composite Siding
Heating Fuel Electric
Heating Type Other, See remarks
Roof Material Other
Roof Style Unknown
Type Residential Commercial Mix
Land
Total Size under 1 acre
Amenities Golf Nearby, Park, Recreation, Shopping
Current Use Mixed use
Landscape Features Level
Sewer Municipal sewage system

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)