1163 Cedar Avenue Trail, British Columbia V1R 4B8
$592,000
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:60329)
Property Details
| MLS® Number | 10348054 |
| Property Type | Office |
| Neigbourhood | Trail |
| Amenities Near By | Airport, Shopping |
| Community Features | High Traffic Area |
| Features | Level Lot |
Building
| Constructed Date | 1963 |
| Cooling Type | Heat Pump |
| Heating Type | Heat Pump, Other |
| Roof Material | Tar & Gravel |
| Roof Style | Unknown |
| Size Interior | 8,969 Ft2 |
| Type | Offices |
| Utility Water | Municipal Water |
Land
| Access Type | Easy Access, Highway Access |
| Acreage | No |
| Land Amenities | Airport, Shopping |
| Landscape Features | Level |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.11 |
| Size Total | 0.11 Ac|under 1 Acre |
| Size Total Text | 0.11 Ac|under 1 Acre |
| Zoning Type | Commercial |
https://www.realtor.ca/real-estate/28317202/1163-cedar-avenue-trail-trail
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May 15 2025 10:38:17
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