Retail for sale

541 Wallace Street, Hope

$998,000 or
$998,000 or

Retail for sale

541 Wallace Street, Hope

Features

Lifestyle
224949022 998000 /en/retail~for-sale~hope/224949022?view=Summary /en/retail~for-sale~hope/224949022/photos 49.3814700000 -121.4367500000 true
Year Built
1955
Floor Area
3,589 sqft
Lot Size
6,100 sqft
Gross Property Tax
$6,492.28 /year
Building Type
Commercial Mix, Street-Level Storefront
Zoning
CBD
Subject Property Width
50 ft
Subject Property Depth
122 ft
54

Description

2 STORE FRONTS FRONTING WALLACE STREET AND LARGE BACK BAY FRONTING COMMISSION STREET ON 50 x 122 DOWNTOWN COMMERCIAL ZONED LOT (CBD). ALL SPACES ARE OCCUPIED WITH 2 COMMERCIAL TENANTS. LAUNDROMAT UTILIZES ONE STOREFRONT AND BACK BAY WHILE RESTAURANT LOUNGE OCCUPIES THE SECOND STOREFRONT. RETAIL AREAS INCLUDING BACK BAY MEASURES APPROX 3669 AND ZONING ALLOWS FOR 100% LOT COVERAGE, WITH COMMERCIAL USE ON GROUND LEVEL AND APARTMENTS OR OFFICES ON UPPER LEVEL(S) .WALLACE STREET IS CONSIDERED A HIGH TRAFFIC (FOOT AND VEHICLE) COMMERCIAL AREA. UNIQUE COMMERCIAL PROPERTY WITH ADDITINAL RESIDENTIAL POTENTIAL. GST NOT INCLUDED IN PRICE.
MLS® Number C8043953

Listing REALTORS®

Andrew Tepasse, REALTOR<sup>®</sup>

Andrew Tepasse

REALTOR®

RE/MAX Nyda Realty (Hope)

RE/MAX Nyda Realty (Hope),
David Wansink, REALTOR<sup>®</sup>

David Wansink

REALTOR®

RE/MAX Little Oak Realty (Mission)

RE/MAX Little Oak Realty (Mission),

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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