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$479,000

251 Alexander Street, Salmon Arm, BC, V1E 4P5

MLS® # 10334398

Property Information:

This charming, 1,678 sq ft two-story commercial building is situated right in the heart of downtown Salmon Arm, offering excellent visibility and a prime location for any business. The main floor features an open, flexible floor plan that can easily be adapted for retail, office, or service-based businesses. There is ample storage space at the back of the building, perfect for inventory or additional workspace. Upstairs there are two residential units, one a one-bedroom unit, the other a studio unit. The long term tenant in the studio would prefer to stay. The building has recently been updated with fresh paint giving it a modern feel while maintaining its downtown charm. It’s zoned as C2 – Commercial City Centre, making it ideal for a variety of commercial uses. The property also offers street parking, with additional public parking just a short walk away Located in the vibrant downtown core, this building is surrounded by shops, cafes, restaurants, and other local businesses. It’s also just a short walk to Shuswap Lake, making it a prime location to attract both locals and tourists. Public transportation is easily accessible as well. This is a great opportunity for entrepreneurs, investors, or anyone looking to own a piece of downtown Salmon Arm at an affordable price.

Property Features:

  • Built in: 1962
  • Community Features: High Traffic Location
  • Construction Materials: Block
  • Heating: Baseboard, Common, Forced Air, Natural Gas
  • Lot Size: 990.00 Square Feet
  • Water Source: Public
  • Sewer: Public Sewer

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Location of 251 Alexander Street, Salmon Arm, BC, V1E 4P5

Demographic Information of 251 Alexander Street, Salmon Arm, BC, V1E 4P5

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$75,563.28

Average Number of Children

1.50

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.58 %

High school certificate or equivalent

34.36 %

Apprenticeship trade certificate/diploma

10.85 %

College/non-university certificate

19.69 %

University certificate (below bachelor)

0.01 %

University Degree

12.51 %

Commuter

Travel To Work

By Car

73.23 %

By Public Transit

0.0 %

By Walking

19.04 %

By Bicycle

0.0 %

By Other Methods

7.73 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

64.68 %

Houses

35.32 %

Own Vs. Rent