141 Shuswap Street NE, Salmon Arm, BC V1E4N6
See all 32 photos
141 Shuswap Street NE, Salmon Arm, BC V1E4N6
141 Shuswap Street NE, Salmon Arm, BC V1E4N6
141 Shuswap Street NE, Salmon Arm, BC V1E4N6
141 Shuswap Street NE, Salmon Arm, BC V1E4N6
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.
Brandon Grass

Brandon Grass

+1(250) 212-5672
$ 1,099,000
Est. payment /mo
Save
Active

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 5.7% cap rate at current rates that escaltes over 6%. 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

Powered by: REALTOR.ca
Listed by Homelife Salmon Arm Realty.Com

Monthly Payment

Use our payment calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
$
$
%
%
$ /year
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Connect with one of our local Mortgage Lenders Now!
Full Name
Phone*
By checking this box, and clicking “SUBMIT,” I am confirming that I have read and agree to this website’s Privacy Policy and Terms of Service and I am providing my electronic signature and consent to receive marketing communications (about real estate brokerage services, and one or more properties that I may buy, sell, or rent), that may be delivered to me via email, telephone call and/or text messaging (using “automated technology” such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate agents, and/or its affiliates at the telephone number and email address I provided. Message frequency varies and message and data rates may apply. Consent is not a condition of purchase. You may opt-out at any time by replying “STOP” to a text or “HELP” for assistance or unsubscribing via email. You may call to obtain direct assistance.

141 Shuswap Street NE