501 W 3RD AVENUE Prime commercial two-storey building offering approximately 6800 square feet, situated in the heart of downtown, across from CIBC & City Hall. This versatile property has a rich history of multifunctional use, having previously accommodated a mix of retail and offices. This expansive building offers endless redevelopment possibilities, including up to five multifamily units, due to its C1 zoning designation. The generous layout is designed to meet a range of business and residential needs. The top floor has panoramic views of the city skyline, the picturesque harbour, and majestic mountains beyond. Well-maintained throughout the years, newer roof, new furnace, and foundation upgrades, to name a few. Seize this exceptional opportunity to unlock its full potential in a rapidly growing area, perfect for investors and visionary developers! (id:203)