320 Iles Way Unit 101, Tumbler Ridge

  • Living area: 1587 square feet
  • Type: Commercial
  • Added: 6 months ago
  • Updated: 1 month ago
  • Last Checked: 19 hours ago
  • Listed by: FaithWilson Christies International Real Estate

Listing description
This Commercial listing at 320 Iles Way Unit 101 Tumbler Ridge, BC with the MLS Number 10349405 listed by David Manuel - FaithWilson Christies International Real Estate on the Tumbler Ridge market 6 months ago at $873,100.

** 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 Key information about 320 Iles Way Unit 101
  • Roof:
    • Asphalt shingle
    • Unknown
  • Cooling:
    • Heat Pump
    • See Remarks
  • Heating:
    • Forced air
    • Hot Water
  • Year Built: 2008
  • Structure Type: Residential Commercial Mix
Interior Features Discover the interior design and amenities
  • Living Area: 1587
Exterior & Lot Features Learn about the exterior and lot specifics of 320 Iles Way Unit 101
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Lot Size Dimensions: 0.26
Location & Community Understand the neighborhood and community
  • Common Interest: Freehold
Business & Leasing Information Check business and leasing options available at 320 Iles Way Unit 101
  • Current Use: Mixed use
Property Management & Association Find out management and association details
  • Association Fee: 598
  • Association Fee Includes:
    • Property Management
    • Waste Removal
    • Ground Maintenance
    • Insurance
    • Other, See Remarks
    • Reserve Fund Contributions
    • Sewer
Utilities & Systems Review utilities and system installations
  • Sewer: Municipal sewage system
Tax & Legal Information Get tax and legal details applicable to 320 Iles Way Unit 101
  • Parcel Number: 028-023-617
  • Tax Annual Amount: 2522.48
Additional Features Explore extra features and benefits
  • List A O R: Interior REALTORS®
  • List A O R Key: 19
  • Geocode Manual Y N: 1

Nearby Listings Stat Estimated price and comparable properties near 320 Iles Way Unit 101

Active listings
56
Min Price
$10,500
Max Price
$873,100
Avg Price
$224,315
Days on Market
144 days
Sold listings
6
Min Sold Price
$44,900
Max Sold Price
$310,000
Avg Sold Price
$185,950
Days until Sold
198 days

Nearby Places Nearby schools and amenities around 320 Iles Way Unit 101

Price History

June 4, 2025
by FaithWilson Christies International Real Estate
$873,100
320 Iles Way Unit 101
More Details?
  • David Manuel
  • FaithWilson Christies International Real Estate
  • 250-864-0777
  • Website

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Comparison of 320 Iles Way Unit 101, Tumbler Ridge, BC with Nearby Commercial Listings
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West Kelowna Real Estate 357 $1,142,963
Penticton Real Estate 335 $1,015,634