Downtown Terrace Redevelopment Opportunity – C1-A Zoning
An exceptional opportunity to redevelop a prime parcel in the heart of downtown Terrace. Zoned C1-A (Downtown Commercial), this site is ideally located just steps from Terrace’s beloved Farmers Market and George Little Park, offering unmatched community exposure and access.
The property is within one block of key public amenities including the swimming pool, arena, skate park, and bike park, and shares the block with the Park Avenue Medical Center. Just two blocks away lies Terrace’s vibrant downtown shopping and dining district—ensuring a strong location for both commercial and residential demand.
The current zoning allows for a mixed-use development with commercial or professional services on the lower floors and up to 12 residential units above, making it well-suited for a mid-scale urban infill project.
For developers seeking a larger footprint, an additional 43,124?SQFT (0.4?ha) is available immediately adjacent, offering a potential land assembly for a significantly expanded build.
Rick McDaniel
Royal LePage Aspire Realty