Property
Type, style and structure
- Type
- other
- Style
- other / Mixed Use
- Ownership
- Freehold
- Year Built
- 1914
+67 more
0.42 ac
Lot
1914
Year Built
15
Parking
Property Snapshot
Key details for this listing
MLS #10352878
Lot
Land, frontage and setting
- Lot
- 0.42 ac - 0.42
Costs
Price, taxes and monthly charges
About This Property
This other in Revelstoke offers a 0.42 ac lot. Built in 1914. The property has lot dimensions of 0.42. The home features other heating.
MLS Remarks
This multi-award winning property stands as both a cultural landmark and high-performing investment in Revelstoke's booming downtown core. Its 11,000+ sq/ft space generates exceptional cash flow, with: • Profitability: Six figures with room to grow. • Stable Tenant Mix: 8 long-term leases (up to 15 years) • Tenant Retention: 3 renewals demonstrating exceptional occupancy satisfaction • Unique Value-Add Opportunity - The Heritage Revitalization Agreement (HRA) permits a fourth-floor addition (>3,500 sq/ft) • Future-proofing as commercial demand outpaces supply The property's irreplaceable location, combined with its diversified income streams and institutional-grade tenancies, creates a rare ""set-and-forget"" investment with appreciation upside in Canada's fastest-growing mountain resort market. Originally constructed in 1914 as a school, Mountain View served the community for nearly a century! In 2017, an award-winning renovation—led by a distinguished team including a Professor of Historic Architecture, architects, engineers, and code consultants—breathed new life into this iconic property. Rarely does a property of such grandeur and historical significance become available in Western Canada—let alone within a world-class international ski destination. Mountain View is truly the crown jewel of Revelstoke’s real estate, offering unmatched prestige and functionality. (id:60351)
Full Listing Details
Address616 Third Street W
MLS#10352878
Listing StatusActive
Property TypeOther
TransactionSale
Days on Market87
Common InterestFreehold
Parking15
Parking TypeAdditional Parking
Structure TypeResidential Commercial Mix
StyleMixed Use
Year Built1914
Current UseMixed use
Living Area11,250 sqft
CityRevelstoke
ProvinceBritish Columbia
Postal CodeV1E0B4
Lot Size0.42 ac
Lot Dimensions0.42
Total Parking15
Parking FeaturesAdditional Parking
HeatingOther
RoofTar & gravel, Unknown
SewerMunicipal sewage system
Water SourceMunicipal water
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