MLS® C8058854

Retail for Sale — Terrace, BC

$1,499,000

101 4614 GREIG AVENUE, Terrace, BC V8G1M9

84
Walk Score
68
Bike
Walk Score® by Redfin
For Sale
5,280 square feet
Floor area
0.08 acres
Lot size
1997
Year built
84
Walk Score
68
Bike
Walk Score® by Redfin

Property details

Structured details

Lot dimensions
0.08

Listing Information

MLS®
C8058854
Listed
April 3, 2024
Time on market
894 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

Located in the downtown core of Terrace this multi-use building is a great investment opportunity. The building features 2 stories, the street level is 1800 sq. ft. of retail space currently tenanted by a well-known business. Upstairs has 4 self-contained residential units all on separate meters and all currently occupied Tenancy agreements are available. Rent t (id:63159)

Financing calculator

Estimate your monthly payment on the $1,499,000 asking price.

Financing details
Monthly debt service
$14,550
Cash required at close
$324,800
DSCR
Cash-on-cash return (yr 1)

Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.

Location

Local market size (Terrace)

Population
12,017(+3.2% since 2016)
Population density
209.6/km²
Median household income
$90,000

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
20.1%
Postsecondary below bachelor's
34.5%
High school diploma
29.8%
No certificate/diploma
15.5%

Population aged 15 and over.

Commute

Car, truck or van
87.5%
Public transit
2.1%
Walked
8.0%
Bicycle
1.4%
Other
1.0%

Commute duration

Under 15 min
73.9%
15–29 min
13.5%
30–44 min
3.6%
45–59 min
3.1%
60+ min
5.7%

Employed labour force with a usual workplace.

Mother Tongue

English82.9%
Punjabi (Panjabi)3.1%
Portuguese1.9%
French1.8%
German1%
Tagalog (Pilipino, Filipino)0.9%
Korean0.4%
Dutch0.3%
Hindi0.3%
Nisga'a0.3%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Shan Yan39m
  • Ninja Sushi · 4605 Lakelse Avenue65m
  • White Spot · 4620 Lakelse Avenue102m
  • Unnamed115m
  • Golden Star · 4606 Lazelle Avenue185m

Cafes (5+)

  • Starbucks132m
  • Starbucks207m
  • Tim Hortons · 4658 Lakelse Avenue247m
  • Tim Horton's · Route 16341m
  • Unnamed444m

Grocery (4)

  • Safeway · 4655 Lakelse Avenue217m
  • Save-On-Foods417m
  • Wholesale Club · 4524 Feeney Avenue523m
  • Walmart Supercentre · 4427 Yellowhead Highway789m

Shopping (2)

  • Terrace Shopping Centre · 4647 Lakelse Avenue167m
  • Skeena Mall · 4741 Lakelse Avenue520m

Parks (3)

  • George Little Park311m
  • Unnamed375m
  • Unnamed701m

Pharmacies (1)

  • Shoppers Drug Mart · 4647 Lakelse Avenue151m

Banks & ATMs (5+)

  • TD · 4633 Lakelse Avenue111m
  • Scotiabank · 4602 Lakelse Avenue112m
  • RBC Royal Bank · 4640 Lakelse Avenue169m
  • BMO310m
  • CIBC · 4717 Lakelse Avenue315m

Healthcare (3)

  • Emerson Medical Clinic24m
  • Ksyen Regional Hospital · 2800 Tetrault Street707m
  • Terrace Foundry · 3219 Eby Street762m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Other commercial property types for sale in Terrace

Frequently asked questions

What is the asking price for this business?

The asking price is $1,499,000.

Where is this business located?

This listing is located in Terrace, British Columbia.

How current is this listing?

This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.