- Active
1503 3A Highway
Castlegar · Other
- Sqft
- 5,000
- Built
- 1960
Listed by Fair Realty (Nelson) · MLS® 10379813
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Sign inAbout this home
Strategically positioned on a busy highway just minutes from Castlegar, this commercial property offers outstanding visibility and accessibility in a prime location. Centrally situated between Castlegar and Nelson, and only 5 km north of the Castlegar Airport, this versatile property is ideal for investors or business owners seeking strong exposure and convenience to full amenities. The commercially zoned property features two separate warehouse buildings totaling approximately 3,000 sq. ft., both equipped with impressive 14-foot ceilings and a 200-amp power supply—perfect for a variety of industrial or commercial uses. A second standalone building includes a functional office space of approximately 650 sq. ft., a shared mechanical room, and additional storage, providing flexibility for operations or multiple tenants. Upstairs, a well-appointed two-bedroom, one-bathroom residential suite offers additional income potential or on-site living convenience, complete with its own electrical meter for easy separation of utilities. With excellent highway frontage, strong income potential, and a highly desirable location in a growing corridor, this property presents a rare opportunity to invest in a multi-use commercial asset with built-in revenue streams and long-term upside.
Home facts
- Interior
- 5,000 sq ft
- Year built
- 1960
- Parking
- 4
- Property type
- Other
- Garage
- Yes
- Area
- Thrums/Tarrys/Glade
- Listed
- March 20, 2026
- Structure
- Residential Commercial Mix
- PID
- 015-793-931
- Common interest
- Freehold
Features and inclusions
- Heating
- No heat, See remarks
- Roof
- Other, Unknown
- Parking
- Attached Garage
- Lot
- Level lot
- Community
- High Traffic Area
Rooms and building
- Sewer
- Septic tank
- Water
- Co-operative Well
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $3,484
- Property tax
- $217/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,850
Purchase snapshot
- List price
- $735,000
- Down payment
- $147,000 (20%)
- Estimated mortgage
- $588,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $4,725
- At 6.4282 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $960 a month
- Gross yield
- 1.6%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 46%