Prime downtown Squamish investment and development opportunity. This well-maintained 2-storey Class B retail/office building features 16 units (6 ground floor / 10 second floor) with stable in-place income, ideally located on Second Avenue in the heart of the downtown core. The building offers approximately 3,200sf. on the main level and 5,600sf. on the second floor, surrounded by ongoing and planned development. A key highlight is the approved Development Permit for a 7-storey, 39-unit mixed-use purpose-built rental building, providing exceptional upside and future density potential. Ideal as a hold-and-collect income property or near-term redevelopment site. Steps to shops, restaurants, services, healthcare, oceanfront, and Squamish’s world-class trail network, this is a rare opportunity to secure a strategic asset in one of BC’s fastest-growing communities.