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40 Lakeshore Drive, Ne Salmon Arm, British Columbia V1E 4M9

18308 sqft

$1,690,000

Great investment opportunity showing approx 5.5% cap rate on asking price, for this 18,308 square foot multi-tenant commercial building with high profile location in Salmon Arms downtown core. Two storey, eleven unit building with great tenants in place. Eight main floor storefront units with direct street access and 3 upper floor units with common hallway and stairwell. High profile location, 0.36 acre corner site with frontage on Lakeshore Drive and Shuswap Street. Busy intersection with both pedestrian and vehicle traffic, easy access to Trans Canada Highway and lots of area parking including access to inner core parking lot with some dedicated stalls. Busy downtown core location with retail shopping, offices and restaurants. Realtors deem all information to be correct yet do not guarantee this nor are we liable in any way for any mistakes, errors, or omissions. Buyer should verify all information important to them. (id:21052)

Property Details

MLS® Number 10241227
Property Type Office
Neigbourhood NE Salmon Arm
Community Name Corona Building
Amenities Near By Shopping, Public Transit
Community Features High Traffic Area
Features Central Location, Corner Site, Visual Exposure

Building

Constructed Date 1960
Exterior Finish Unknown
Fireplace Present No
Size Interior 18308 Sqft
Type Offices
Utility Water Municipal Water

Land

Access Type Easy Access
Acreage No
Land Amenities Shopping, Public Transit
Sewer Municipal Sewage System
Size Irregular 0.36
Size Total 0.36 Ac|under 1 Acre
Size Total Text 0.36 Ac|under 1 Acre

https://www.realtor.ca/real-estate/23711154/40-lakeshore-drive-ne-salmon-arm-ne-salmon-arm