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$ 1,099,000
Est. payment /mo
New
141 Shuswap Street NE Salmon Arm, BC V1E4N6
6,600 SqFt
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
State 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