Exceptional mixed-use investment opportunity in the heart of Downtown Squamish. Situated on a 12,000 sq.ft. site, this 3-level building offers 6,561 sq.ft. of leasable space with industrial, office & 2 Penthouse condos, creating multiple income streams. The ground floor features high-clearance industrial/shop space with secure covered storage, the second level offers professional office space & the top floor includes 2 executive residential suites with private elevator access & mountain views. When fully leased, generates approx. $189,000 in annual gross income & over $140,000 NOI, this property offers strong cash flow & flexibility for investors or owner-users. Adjoining 6,000 sq.ft. parcel is also available for future development or assembly potential at 37718 Third Ave with 1.7 FSR.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Fireplace | 0 |
| Heating Type | Forced Air |
| # of Kitchens | 1 |
| Foundation | Concrete Perimeter |
| Exterior Features | Balcony |
|---|---|
| View Description | Mountain View |
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $2,999,000 |
|---|---|
| Total Bedrooms | 2 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 6561 |
| Year Built | 2010 |
| Age Of Building | 16 |
| Building Type | Other |
| Property Type | Residential |
| Stories | 3 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected |
| Water (WaterSource) | Public |
| Parking Type | Other |
| Total Parking Spaces | 4 |
| Lot Size | 12000 |
|---|---|
| Lot Size Depth | Feet |
| MLS® # | R3134637 |
| Area | Squamish |
| Neighbourhood | Downtown SQ |
| City | Squamish |
| Postal Code | V8B 0A2 |
| Gross Taxes | $25,492.43 |
| Zoning | CD-61 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 10' x 10' ft |
| Main Level | Dining Room | 10' x 10' ft |
| Main Level | Kitchen | 10' x 10' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Main Level | No | #3 |
Listed by: Sutton Group-West Coast Realty
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
37738 Third Avenue has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V8B 0A2, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Located within a designated flood hazard area. Higher likelihood of localized high-water events over the next 30 years.
Located within the "Squamish" WUI zone (Risk Class 2 — Moderate-High). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 4.7 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Squamish Elementary, Squamish (~1.3 km). Annual avg AQHI 1.5 — Low Risk.
Squamish currently sees ~0 days above 30 °C per year (1981–2010 baseline), projected to rise to ~3 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~28.4 °C baseline, ~30.8 °C projected. Tropical nights (>18 °C): ~0 baseline, ~0 projected.
Annual precipitation ~2413 mm (1981–2010 baseline), projected ~2529 mm by the 2050s. Extreme 1-day rainfall: ~78.3 mm baseline, ~85.9 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~20 days baseline, ~21 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
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