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$ 579,900
Est. payment /mo
New
261 Alexander Street NE Salmon Arm, BC V1E4N3
2,581 SqFt
UPDATED:
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
Acres 0.03
Property Sub-Type Freehold
Source Association of Interior REALTORS®
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
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
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