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4871 46 Avenue, Se Salmon Arm, British Columbia V1E 2W1

7900 sqft
Radiant Heat

$1,300,000

Investment property. Warehouse / Industrial building situated in the Salmon Arm Industrial Park . Newer 2007 built presently rented out with a 10 year lease to 2030. 400 amp service, and 3 phase power. Three overhead doors 16 ft in height, and 20 foot ceilings. Metal clad 60 x 110 foot building plus a 1320 mezzanine. Natural gas radiant heaters. On City water and Septic. Ample parking on fenced .7 acres. Currently leased by Search and Rescue ( excellent tenants )until 2030. Cap rate shows from 3.72% in 2021 to 5.5% in 2030 ( rental increase at 5% per year). Seller will look at vendor financing. All measurements are approximate and to be verified if deemed important. (id:21052)

Property Details

MLS® Number 10231902
Property Type Industrial
Neigbourhood SE Salmon Arm
Amenities Near By Golf Course
Features Flat Site, Level
Road Type Paved Road

Building

Constructed Date 2007
Exterior Finish Steel
Fireplace Present No
Heating Type Radiant Heat
Roof Material Steel
Roof Style Conventional
Size Interior 7900 Sqft
Type Manufacturing
Utility Water Municipal Water

Land

Access Type Easy Access, Highway Access
Acreage No
Land Amenities Golf Course
Sewer Septic System
Size Frontage 124 Ft
Size Irregular 0.7
Size Total 0.7 Ac|under 1 Acre
Size Total Text 0.7 Ac|under 1 Acre

https://www.realtor.ca/real-estate/23213423/4871-46-avenue-se-salmon-arm-se-salmon-arm