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MLS® 10400786

Overview

Key Facts

Type Retail
Levels Commercial Sale
Size 6600 sqft
Garage 
Taxes $9,877
Days Active 1
Lot Size 0.11 Acres
Approx. Age 
Avg. Price Per Sqft $166
MLS® Number 10400786

Property Address: 141 Shuswap St Ne, Salmon Arm, BC, V1E4H7

Average square foot calculated using Size range provided by listing agent.

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:58753)Show Description
MLS® Number10400786
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
HeatOther
A/CCentral air conditioning

Extras

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