141 Shuswap Street Ne, Salmon Arm, British Columbia

$1,099,000

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6,600

Square feet

0.11

Acres

About 141 Shuswap Street Ne

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:6289)

Retail property for sale in Salmon Arm, British Columbia at 141 Shuswap Street Ne. This Retail property is priced at $167/sqft

Features of 141 Shuswap Street Ne

Listing # 10400786
Price $1,099,000
Bathrooms 0.00
Square Footage 6,600
Acres 0.11
Type Retail
Sub-Type Retail

Community Information: NE Salmon Arm

Address 141 Shuswap Street Ne
Subdivision NE Salmon Arm
City Salmon Arm
Province British Columbia
Postal Code V1E4N6

Amenities of 141 Shuswap Street Ne

Is Waterfront No
Has Pool No

Interior of 141 Shuswap Street Ne

Heating Other
Cooling Central air conditioning
Fireplace No
Has Basement No

Listing Details

OfficeHomelife Salmon Arm Realty.Com

Listing Map

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