320 ILES Way Unit# 101

Description

** TEN PERCENT CAP RATE** on the Land and a very profitable business as well, included on this listing. Located in the downtown heart of Tumbler Ridge’s Town Centre, Strata Lot 1 offers 2,332 sq ft, lot and 1586 SF of finished space, a professionally built high-quality commercial build, This building is a “Live Smart BC Award -Winning building"". This energy-efficient unit features SIP panel construction, 12’ ceilings, durable vinyl flooring, two washrooms, and a 225 Amp electrical panel. Renovated in 2019, the space is serviced by a high-efficiency boiler with fan coil heating and a ground-mounted A/C unit. The property includes * 20 paid parking stalls in the adjacent municipal lot and sits steps from the Municipal Hall, Community Centre, RCMP, and more. Ideal for professional, office, or retail use with excellent access, visibility, and long-term value. See attached C1 zoning for uses. Business: The business is a legally licensed cannabis retail store, The store has been operating for over 5 years, and has grown each year. The store is run under management and management is overseen by the owners who had worked in the store previously. Owners are not active employees for the 2025 year. It has a well-organized system and structure and provides a solid income for the owner. An NDA would need to be signed to share confidential business information on this opportunity. Please see documents attached for this. *Parking: Units 101 & 102 have paid for 20 stalls in the municipal parking lot directly adjacent to the building. These stalls remain under municipal ownership. (id:65701)

Property Details