Commercial Office Building with Large Residential Suite on Main Road Artery – Fort St. John, BC

Description

Commercial Component

A wonderful investment opportunity in the heart of Fort St John.  The property features a highly functional office building with attached residence, strategically situated on a spacious 18,000 ft2 lot.  The commercial component of the building offers four spacious and bright offices.  In addition to the offices, there is a large reception area capable of comfortably housing multiple admin staff.  There is an elevated wait area with views of the exterior located at front reception.  A kitchen/storage/washroom area forms the remaining portion of this front office component.

Connected by a long hallway to the office building is the lab/work shop/storage area.  This area is spacious with high ceilings permitting the use of any type of equipment.  There are numerous work benches situated along the walls in this portion of the facility.  Storage units adorn the walls and ceilings.  There is an overhead bay door in the rear of the main storage bay to permit vehicle and equipment access.  There is a bonus washroom in the lab area to serve as a wash a station and ensure dirt and grime is not tracked into the office component of the facility.

Off the back of the building there is a fenced yard space.  Vehicles can access the overhead bay door from the back alley on the south side of the lot.  The primary access point to the property is on the north side of the property on 100^th Ave.  This is a main artery within the city and the roadway is lined with numerous commercial and industrial businesses.  This creates local business opportunities for the new owners/tenants of this site.  There is sufficient parking for large vehicles, trucks, trailers and equipment.  The parking lot layout is functional permitting easy access and maneuverability.

Residential Component

The upstairs residential unit provides a unique bonus revenue opportunity for the property.  Traditionally, the unit has been rented to students who travel to Fort St John to acquire work experience in one of the many diverse industries operating within the greater region.

The upstairs residence has its own private access and stair case, which ascends to the second level.  There is an open concept kitchen/living area, which is well illuminated with natural light.  The kitchen has an island, plenty of counter/cabinet space and all the appliances necessary for a tenant to live comfortably.  There is a stackable washer/dryer in the laundry room off the kitchen.  Off the dining area is a large glass door through which the back porch may be accessed.  The porch is south facing and enclosed with secure railing.  This outdoor living space provides fantastic views of the surrounding neighbourhood.

There is a full bathroom off the kitchen adjacent to the main hallway.  There are two large bedrooms set up in a communal dorm style.  There is space to comfortably house multiple tenants in each bedroom to accommodate for a variety of housing needs.  An additional bathroom is attached to one of the bedrooms.

Some TLC and aesthetic repairs will be necessary throughout the building.

LOCATION

This commercial facility is located at 9215/9211 100^th Ave in Fort St John.  The property is located between 93 Street and 91A Street.

AREA DATA
The Peace River region of British Columbia lays claim as the most robust and diverse economic region of the province outside of the Lower Mainland.  The regional GDP has exceeded $6.6 billion over the last several years and employment opportunities abound.  The region also possesses 40% of the cumulative provincial ALR lands.  This statistic demonstrates the regional economic reliance on agriculture.

The region’s annual average temperature rests between -2.9 to 2 degrees Celsius and the region receives approximately 330-570 mm of annual precipitation.  The area possesses rich, fertile soil and produces more wheat, barley and grass seed than any other region of the province.  The continual flooding and retraction of the Peace River thousands of years ago created the flat topographical landscape that makes up the Peace River today.  The continual dispersion of sediment and nutrients by this major watershed created to the highly productive growing soils throughout the region.

The city of Fort St. John is the most populace municipality in British Columbia’s Peace River Region with a population of 20,155.  The oil and gas sector continues to be the primary economic driver of the municipality with over 15% of Fort St. John residents employed directly in the industry.  Most regionally active oil/gas exploration, production and servicing companies have offices located in Fort St. John, which serve to boost other businesses particularly those in the service sector.

Major economic announcements regarding the $42 billion LNG Liquefaction Facility in Kitimat, and associated $600 million pipeline, intended to tie the Peace River’s Gas fields to the Kitimat’s LNG facility, shall ensure prosperity and economic growth in the Peace River for years to come.

MAP REFERENCE

56°14’46.06″N and 120°49’59.81″W

SERVICES

• Electricity
• Water – Municipal
• Heat – natural gas
• Sewer – Municipal

IMPROVEMENTS

• 4,160 ft2 commercial facility with second level residential suite
• Office space
• Lab space
• Overhead bay door
• Fenced yard
• Parking
• Front and rear vehicle access

TAXES 

$11,276 (2018)

ZONING

C-3 (General Commercial)

Permitted Uses:

• Art gallery or studio
• Automobile sales and repairs where trucks and recreational vehicles do not exceed 4,500 kg gross vehicle weight
• Large format retail
• Bus depot
• Commercial school
• Contractors offices & associated services
• Community care facility
• Commercial amusement enterprise
• Commercial printing
• Day care centre, major
• Drive-thru
• Dry cleaners & laundromat
• Financial institutions
• Funeral parlour or undertaking establishment
• Gaming facility
• Health services facilities
• Hotel & motel
• Institutional uses such as assembly hall, police station, post office, religious facility, library, etc.
• Light passenger vehicle car wash
• Liquor establishment
• Liquor store
• Multi-family dwelling units above first story as per RM-2 requirements
• Office
• Parking lot and parkade
• Personal service establishment
• Retail store
• Restaurant
• Service station
• Shopping mall
• Theatre and cinema
• Veterinary hospital

LEGAL

Lot 9 Block 1 Plan PGP8616 Section 31 Township 83 Range 18 Meridian Land District 44

PID 013-184-504

 Lot 10 Block 1 Plan PGP8616 Section 31 Township 83 Range 18 Meridian Land District 44

PID 004-908-139