CBRE is pleased to present the rare opportunity to acquire a high-quality mixed-use investment property in the heart of Lower Lonsdale. The property consists of 18 residential suites and 4 retail units all currently occupied by high quality tenants. The building is located in the heart of Lower Lonsdale and benefits from retail frontage along East 1st Avenue and the vibrant Lolo Lane. The residential suite mix provides 16 one-bedroom and 2 two-bedroom suites, with the ability to improve the income significantly upon tenant turnover. Further, the property has been extensively renovated with significant and recent capital improvements including windows, plumbing, electrical, structural reinforcing and more.