$ 5,045,300
616 Third Street W
616 Third Street W, Revelstoke, BC V1E0B4 Photo 1
72 Photos
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616 Third Street W, Revelstoke

This multi-award winning property stands as both a cultural landmark and high-performing investment in Revelstoke's booming downtown core. Its 11,000+ sq/ft space generates exceptional cash flow, with: • Profitability: Six figures with room to grow. • Stable Tenant Mix: 8 long-term leases (up to 15 years) • Tenant Retention: 3 renewals demonstrating exceptional occupancy satisfaction • Unique Value-Add Opportunity - The Heritage Revitalization Agreement (HRA) permits a fourth-floor addition (>3,500 sq/ft) • Future-proofing as commercial demand outpaces supply The property's irreplaceable location, combined with its diversified income streams and institutional-grade tenancies, creates a rare ""set-and-forget"" investment with appreciation upside in Canada's fastest-growing mountain resort market. Originally constructed in 1914 as a school, Mountain View served the community for nearly a century! In 2017, an award-winning renovation—led by a distinguished team including a Professor of Historic Architecture, architects, engineers, and code consultants—breathed new life into this iconic property. Rarely does a property of such grandeur and historical significance become available in Western Canada—let alone within a world-class international ski destination. Mountain View is truly the crown jewel of Revelstoke’s real estate, offering unmatched prestige and functionality. (id:1945)
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Property details for 616 Third Street W, Revelstoke

Type
Commercial
Living Area
11,250 square feet
Lot Size
0.42
Parking
Additional Parking
Heating
Other
Ownership
Freehold

Nearby Listings Stat

Estimated price and comparable properties near 616 Third Street W

Active Listings
72
Min Price
$159,000
Max Price
$9,880,000
Avg Price
$1,196,083
Days on Market
132
days
Sold Listings
21
Min Sold Price
$345,000
Max Sold Price
$5,890,000
Avg Sold Price
$1,223,376
Days until Sold
113
days

Neighbourhood Census Data

Revelstoke, British Columbia / Colombie-Britannique

Population
426
Median Age
36.8
Median Income
$31,040
Dwelling Value
$375,782

Housing Tenure

Owners 54%
Renters 46%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2
Pop. Density: 628.4/km²
Avg Shelter Cost: $916/mo
Owners with Mortgage: 47.4%
Owners Spending 30%+: 21.1%
Tenants Spending 30%+: 47.1%
English only: 91.4%
English and French: 9.9%
Median Household Income: $58,368
Median Employment Income: $27,072

Price History

Listed
July 30, 2026
by Real Broker B.C. Ltd
Current Price
$5,045,300
Type
Commercial
For Sale
616 Third Street W

Contact Agent Get in touch about 616 Third Street W, Revelstoke

Phil Harris
Phil Harris
Real Broker B.C. Ltd

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