Retail for Sale — Terrace, BC
$3,000,000
4525 LAKELSE AVENUE, Terrace, BC V8G1P3
Property details
Structured details
- Lot dimensions
- 0.3
- Cooling
- Central air conditioning
- Security
- Security system
Listing Information
- MLS®
- C8076276
- Listed
- February 18, 2026
- Time on market
- 209 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
High traffic location with proven record of success this spacious building is in Terraces Downtown core. Favourable C1 A zoning allows a variety of uses from Health Services, Restaurant, Retail, Offices, Daycare or Community Care, Personal Services, and more. The interior offers large open space on both floors with a separate space at the rear of each floor for storage, warehouse, kitchen etc. This building is solid and ready to be repurposed. (id:63159)
Financing calculator
Estimate your monthly payment on the $3,000,000 asking price.
Financing details
- Monthly debt service
- $29,119
- Cash required at close
- $625,000
- 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
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Unnamed181m
- Ninja Sushi · 4605 Lakelse Avenue252m
- Shan Yan255m
- Golden Star · 4606 Lazelle Avenue260m
- White Spot · 4620 Lakelse Avenue314m
Cafes (5+)
- Tim Horton's · Route 16414m
- Starbucks425m
- Starbucks501m
- Tim Hortons · 4658 Lakelse Avenue521m
- Unnamed707m
Grocery (4)
- Wholesale Club · 4524 Feeney Avenue499m
- Safeway · 4655 Lakelse Avenue510m
- Walmart Supercentre · 4427 Yellowhead Highway654m
- Save-On-Foods710m
Shopping (1)
- Terrace Shopping Centre · 4647 Lakelse Avenue461m
Parks (3)
- George Little Park400m
- Unnamed667m
- Unnamed773m
Pharmacies (1)
- Shoppers Drug Mart · 4647 Lakelse Avenue445m
Banks & ATMs (5+)
- Scotiabank · 4602 Lakelse Avenue238m
- TD · 4633 Lakelse Avenue397m
- RBC Royal Bank · 4640 Lakelse Avenue436m
- BMO589m
- Northern Savings Credit Union598m
Healthcare (1)
- Emerson Medical Clinic318m
Nearby places data: © OpenStreetMap contributors.
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All in Terrace →Frequently asked questions
What is the asking price for this business?
The asking price is $3,000,000.
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.