The municipality has sold one of its five commercial units at Cheakamus Crossing, paving the way for a small locally owned convenience store.
It is not clear how much the 452 square foot space in the Falls building, which has been sitting empty since the 2010 Olympic Games, sold for. It was listed for $124,000.
"We are pleased to see growing interest in the commercial spaces at Cheakamus Crossing, and that business owners have seized a piece of this prime retail space," said Mayor Nancy Wilhelm-Morden in a press release. "The 452 square foot unit, which has just sold, is one of five spaces offered on Legacy Way. The largest unit is still available and is a great opportunity for the right business concept."
That large unit is 2,400 square feet and zoned for a restaurant/pub.
The units are for lease or for sale. The municipality created a holding company - Cheakamus Leasing Corporation - to own and manage the properties. The empty units cost the municipality $40,000 in strata and utilities.