Description

Foreclosure sale opportunity in the heart of downtown Trail. 1060 Eldorado Street is a highly improved, multi-component commercial property offering approximately 9,400 SF of Class A office space, a 4,316 SF warehouse/gymnasium, and basement mini-storage on a prominent corner site at Eldorado Street and Esplanade Avenue. Extensively renovated to the shell in 2024 with an estimated $5.5M invested, upgrades include new roofing, windows, insulation, plumbing, mechanical systems, elevator, security, washrooms, office improvements and a 50 kW rooftop solar array. The two-storey office component features modern reception and work areas, private offices, meeting rooms, a commercial-grade kitchen and accessible facilities. The warehouse offers 26' ceilings, dedicated washrooms and potential overhead-door access. The basement includes 32 permitted storage units plus additional non-permitted storage area providing further value-add potential. C1A zoning uniquely permits up to 10,000 SF of warehousing/storage on the site. Rick Hansen Foundation Accessibility Certified, with elevator access to all floors and a 683 SF rooftop deck. A rare opportunity for an investor or owner-occupier seeking a substantially renovated commercial asset in downtown Trail. (id:66360)

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