Retail for Sale — Terrace, BC
$1,535,300
4558 LAZELLE AVENUE, Terrace, BC V8G1S2
Property details
Structured details
- Lot dimensions
- 0.14
Listing Information
- MLS®
- C8081586
- Listed
- August 27, 2026
- Time on market
- 18 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
Description
MIXED-USE COMMERCIAL INVESTMENT Retail storefronts. Four residential apartments. Established downtown Terrace location. A versatile mixed-use investment featuring three commercial retail units on the main floor and four residential apartments above, offering a diversified combination of commercial and residential income in a central Terrace location. Building total sq ft is 9864 sq ft generating a Net Operating income of $106,429 per year. (id:63159)
Financing calculator
Estimate your monthly payment on the $1,535,300 asking price.
Financing details
- Monthly debt service
- $14,902
- Cash required at close
- $332,060
- 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+)
- Golden Star · 4606 Lazelle Avenue37m
- Ninja Sushi · 4605 Lakelse Avenue139m
- White Spot · 4620 Lakelse Avenue142m
- Unnamed174m
- Shan Yan184m
Cafes (5+)
- Starbucks295m
- Tim Hortons · 4658 Lakelse Avenue340m
- Starbucks361m
- Tim Horton's · Route 16500m
- Unnamed504m
Grocery (3)
- Safeway · 4655 Lakelse Avenue369m
- Save-On-Foods551m
- Wholesale Club · 4524 Feeney Avenue648m
Shopping (2)
- Terrace Shopping Centre · 4647 Lakelse Avenue324m
- Skeena Mall · 4741 Lakelse Avenue652m
Parks (4)
- George Little Park175m
- Unnamed542m
- Unnamed566m
- Hanson Park693m
Pharmacies (1)
- Shoppers Drug Mart · 4647 Lakelse Avenue311m
Banks & ATMs (5+)
- Scotiabank · 4602 Lakelse Avenue91m
- TD · 4633 Lakelse Avenue254m
- RBC Royal Bank · 4640 Lakelse Avenue260m
- Northern Savings Credit Union393m
- BMO407m
Healthcare (1)
- Emerson Medical Clinic220m
Nearby places data: © OpenStreetMap contributors.
Other commercial property types for sale in Terrace
Looking to buy a business instead?
All in Terrace →Frequently asked questions
What is the asking price for this business?
The asking price is $1,535,300.
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 15, 2026.