4634 Park Avenue, Terrace
Prime Commercial Investment Opportunity! Secure a solid investment in the desirable Park Avenue Medical Centre with this approximately 6,050 sq. ft. ground-floor commercial strata unit. Ideally located in a well-established medical centre, this property offers the benefit of a long-term tenant and an attractive 6.2% cap rate. A great opportunity for investors seeking established tenancy, income potential, and ownership in a professional medical building. Add this income-producing commercial asset to your portfolio and enjoy the advantages of a strategic location and long-term investment potential. (id:1945)
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Property details for 4634 Park Avenue, Terrace
- Type
- Commercial
- Living Area
- 6,050 square feet
Nearby Listings Stat
Estimated price and comparable properties near 4634 Park Avenue
Active Listings
47
Min Price
$125,000
Max Price
$2,800,000
Avg Price
$590,776
Days on Market
179
days
Sold Listings
15
Min Sold Price
$150,000
Max Sold Price
$794,900
Avg Sold Price
$473,953
Days until Sold
81
days
Neighbourhood Census Data
Terrace, British Columbia / Colombie-Britannique
Population
487
Median Age
43.4
Median Income
$25,952
Dwelling Value
$265,568
Housing Tenure
Owners 39%
Renters 61%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.9
Pop. Density: 1,019.5/km²
Avg Shelter Cost: $855/mo
Owners with Mortgage: 36.8%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 43.3%
English only: 93.8%
English and French: 4.2%
Neither: 1%
Median Household Income: $36,608
Median Employment Income: $25,856
Price History
Listed
October 2, 2026
by RE/MAX Coast Mountains
Current Price
$2,800,000
Type
Commercial
For Sale
