616 Third Street W

Revelstoke, British Columbia V1E 0B4

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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    $5,045,300

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Name


11,250 sqft

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:67517)

Photos
  • Property Details
    MLS® Number 10352878
    Property Type Other
    Neigbourhood Revelstoke
    ParkingSpaceTotal 15
  • Building
    ConstructedDate 1914
    HeatingFuel Other
    RoofMaterial Tar & Gravel
    RoofStyle Unknown
    SizeInterior 11,250 Sqft
    Type Residential Commercial Mix
    UtilityWater Municipal Water
    Additional Parking
  • Land
    Acreage No
    CurrentUse Mixed Use
    Sewer Municipal Sewage System
    SizeIrregular 0.42
    SizeTotal 0.42 Ac|under 1 Acre
    SizeTotalText 0.42 Ac|under 1 Acre
  • Rooms
  • Utilities

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