1163 Cedar Avenue

Offered at: $592,000

MLS®: 10348054

Available for sale is the Trail Daily Times Building, located at 1163 Cedar Avenue, in downtown Trail, BC. Occupied by the Trail Times (now Black Press Group Ltd.) for +50 years and Steps Dance Centre for +20 years, this iconic centrepiece sits between the Kootenay Savings Credit Union (KSCU) headquarters and the recently renovated Austin Engineering (BBA Consultants) building, and within a 1-minute walk from Ferraro Foods, Starbucks, Shoppers Drug Mart, A&W, Dairy Queen, McDonald's, and many other convenient retail, entertainment and service amenities offered in downtown Trail. The property is centrally located and prominently positioned along Cedar Avenue, with direct access and visibility from Highway 3B, occupying an irreplaceable location at the heart of Trail’s downtown core, supporting the property's long-term competitive positioning. Currently 100% leased, the Property comprises approximately 7,880 SF of rentable area across two floors, generating ""high yield"" net income of +$53,083. Trail represents a growing regional trade area supported by one of the world’s largest fully integrated zinc and lead smelting and refining complexes – owned and operated by Teck (TSX: TECK.B), with 2024 gross revenues of +$2B for Teck’s Trail Operations alone. Trail is located in the West Kootenay region of the BC Interior, which represents one of Canada’s top four-season recreational tourism destinations, attracting visitors from all over North America. (id:6769)

Quick Stats

Key Home Data

0
BATH(S)
BED(S)
8969
SQFT
YES
SHOWING AVAILABLE
Property Type:
Office
Home Ownership:
Freehold

Payment Calculator

Calculate your monthly mortgage payment.

Mortgage Amount
$
Amortization
years
Payment Freq.
Interest Rate
%
Calculating...

All About the Details

See specific details below.

Neighbourhood Statistics

Get to know your neighbourhood.

Similar Properties

Other properties you might like.

Search by Keyword:
1

Request a Showing

Have questions about this property?

Contact RE/MAX Four Seasons
About This Property.


Office: 12503656767