$ 773,100

320 Iles Way Unit# 101, Tumbler Ridge

** TEN PERCENT CAP RATE** on the Land and a very profitable business as well, included on this listing. Located in the downtown heart of Tumbler Ridge’s Town Centre, Strata Lot 1 offers 2,332 sq ft, lot and 1586 SF of finished space, a professionally built high-quality commercial build, This building is a “Live Smart BC Award -Winning building"". This energy-efficient unit features SIP panel construction, 12’ ceilings, durable vinyl flooring, two washrooms, and a 225 Amp electrical panel. Renovated in 2019, the space is serviced by a high-efficiency boiler with fan coil heating and a ground-mounted A/C unit. The property includes * 20 paid parking stalls in the adjacent municipal lot and sits steps from the Municipal Hall, Community Centre, RCMP, and more. Ideal for professional, office, or retail use with excellent access, visibility, and long-term value. See attached C1 zoning for uses. Business: The business is a legally licensed cannabis retail store, The store has been operating for over 5 years, and has grown each year. The store is run under management and management is overseen by the owners who had worked in the store previously. Owners are not active employees for the 2025 year. It has a well-organized system and structure and provides a solid income for the owner. An NDA would need to be signed to share confidential business information on this opportunity. Please see documents attached for this. *Parking: Units 101 & 102 have paid for 20 stalls in the municipal parking lot directly adjacent to the building. These stalls remain under municipal ownership. (id:1945)
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Property details for 320 Iles Way Unit# 101, Tumbler Ridge

Type
Commercial
Living Area
1,587 square feet
Lot Size
0.26
Heating
Forced air, Hot Water
Cooling
Heat Pump, See Remarks
Ownership
Freehold
Annual Taxes
$2,522
Condo Fee
$598 / Monthly

Nearby Listings Stat

Estimated price and comparable properties near 320 Iles Way Unit# 101

Active Listings
62
Min Price
$13,000
Max Price
$773,100
Avg Price
$173,098
Days on Market
143
days
Sold Listings
6
Min Sold Price
$25,000
Max Sold Price
$650,000
Avg Sold Price
$277,333
Days until Sold
105
days

Price History

Listed
June 4, 2025
by FaithWilson Christies International Real Estate
Current Price
$773,100
-11.5% from last change
Type
Commercial
For Sale
Price Changes
1
Date Price Change
Current $773,100 $100,000 (-11.5%)
May 4, 2026 $873,100 Listed

Contact Agent Get in touch about 320 Iles Way Unit# 101, Tumbler Ridge

David Manuel
FaithWilson Christies International Real Estate

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