- Active
7585 MAIN WEST Street
Radium Hot Springs · Other
- Sqft
- 6,449
- Built
- 1995
Listed by Real Broker B.C. Ltd · MLS® 10371466
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Sign inAbout this home
RADIUM PLAZA – a prime commercial opportunity in the heart of Radium Hot Springs, BC, a bustling Columbia Valley community known for its hot springs, tourism, and year-round recreation. This high-visibility property offers direct frontage to Hwy 93/95 and main street exposure, making it an ideal location for destination businesses and local services alike. This two-storey building is approximately 80' wide by 40' deep and features 8 units total—4 on the main level and 4 on the upper level. The plaza currently has a strong mix of established commercial tenants, with two units currently available for rent: one top-floor unit and one ground-floor unit, offering excellent value-add and revenue growth potential once leased. Each unit includes its own forced-air furnace, central air conditioning, and a private two-piece bathroom. Flooring is a mix of vinyl plank and carpet, suitable for a variety of commercial uses. Access is excellent from both the street frontage and the paved, level rear parking lot, with rear entry/exit/loading doors for main-floor units and stair access front and back to the second floor. Parking is a standout feature, with ample customer parking out front and extensive on-site stalls at the side and rear.. Radium Plaza offers a rare chance to own a high-profile, flexible commercial property in one of BC’s most charming resort communities—delivering immediate income plus clear upside as you lease out the remaining vacancies.
Home facts
- Interior
- 6,449 sq ft
- Year built
- 1995
- Parking
- 14
- Property type
- Other
- Area
- Radium Hot Springs
- Listed
- December 22, 2025
- Structure
- Other
- PID
- 013-148-800
- Common interest
- Freehold
Highlights
- Air conditioning
Features and inclusions
- Heating
- Forced air, Electric, Other
- Cooling
- Central air conditioning
- Roof
- Metal, Unknown
- Parking
- Stall
Rooms and building
- Water
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
- $4,735
- Property tax
- $292/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $5,177
Purchase snapshot
- List price
- $999,000
- Down payment
- $199,800 (20%)
- Estimated mortgage
- $799,200
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
- $5,517
- At 5.5226 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
- $920 a month
- Gross yield
- 1.1%
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)
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