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$1,099,000

Est. payment - /mo

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6,600 SqFt

Active

141 Shuswap Street NE Salmon Arm, BC V1E4N6

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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

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Andrew Loewen

andrew.loewen@exprealty.com +1(250) 801-6713

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Approx. Sqft 6600

Square Footage 6,600 sqft

Price per Sqft $166

Subdivision Ne Salmon Arm

MLS® Listing ID 10400786

Lot Size 4,791 Sqft

Acres 0.11

Property Description

Excellent investment opportunity in the heart of downtown Salmon Arm. This 6,600 sq. ft. commercial building is fully leased to Skookum with a 6-year lease in place, providing an investor with stable income from day one and an approximate 6.5% cap rate. The building offers approximately 3,300 sq. ft. on each of its two levels, making excellent use of its downtown lot. Several significant capital improvements have already been completed, including updates to the roof and HVAC systems. With a long-term tenant in place, strong return and a central downtown location, this is a solid opportunity for an investor looking to add a well-positioned income-producing commercial property to their portfolio. (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Interior

Heating Other

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Building

Sewer Municipal sewage system

Listed by Homelife Salmon Arm Realty.Com

NEARBY SCHOOL & BUSINESS

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Andrew Loewen

Agent License ID: 181959

+1(250) 801-6713

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141 Shuswap Street NE Salmon Arm, BC V1E4N6

Andrew Loewen

Key Details

Location

Rooms

Interior

Exterior

Building

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Go tour this home

141 Shuswap Street NE