261 Alexander Street NE new

Salmon Arm,BC V1E4N3

$ 579900

- Bed

0 Bath

2581 SqFt


Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,581 sqft

Price per Sqft $224

Subdivision Ne Salmon Arm

MLS Listing ID 10366096

Year Built 1955

Lot Size 1,306 Sqft

Property Sub-Type Freehold

Property Description

Capture this solid piece of the downtown Salmon Arm core with this excellent mixed-use investment property. Perfectly situated on one of the busiest streets, this building offers high visibility and attracts significant foot and vehicle traffic, ideal for any business. The structure features 1200 square feet per floor. The main level's dedicated storefront retail space is currently occupied by a commercial tenant who has 14 months remaining on their lease, providing immediate and secure commercial income. The upper floor boasts a well-maintained residential suite (one bedroom plus a den) with an existing tenant on a month-to-month lease, ensuring dual streams of stable rental cash flow.This is a turnkey chance to own a commercial building in a rapidly growing community, offering both commercial stability and residential income with high visibility. Call today! (id:24570)

Location

Province BC

Zoning Unknown

Rooms

Kitchen 0.0

Interior

Heating Forced air,See remarks

Exterior

Parking Features No

View Y/N No

Roof Type Unknown

Building

Sewer Municipal sewage system

Others

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