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$1,750,000

271 Trans Canada Highway, Salmon Arm, British Columbia, V1E 4N2

MLS® # 10329570

Property Information:

Investor Alert. Now is your chance to purchase a rare prime piece of Highway Frontage Commercial. This building boasts a 4.5% cap rate with two excellent long-term tenants. Approximately 5,420 square feet of leaseable finished floor area, with a pet food and supplies store and a franchised pizza chain. Fully renovated and rebuilt in 2001, this building has on-site customer parking (10 stalls) And staff parking (5 stalls) it boasts extra income from a highway frontage pylon sign. The C2 zoning allows a multitude of uses, and it is centrally located on the Trans Canada Highway while also being in the downtown core. Prime pieces of commercial Real Estate like this don't come up very often. Don't miss your chance to own it today. (id:27)

Building Features:

  • Style: Retail
  • Building Type: Retail
  • Heating Type: Other

Property Features:

  • Property Type: Retail
  • Zoning Type: Commercial
  • Sewer: Municipal sewage system

Courtesy of: Homelife Salmon Arm Realty.Com

REALTOR.ca  

Location of 271 Trans Canada Highway, Salmon Arm, British Columbia, V1E 4N2

Demographic Information of 271 Trans Canada Highway, Salmon Arm, British Columbia, V1E 4N2

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