Good cash flow for this commercial building with approximately 7.5% ROI on asking price – Rent income potential from two main floor retail spaces, three residential apartments and two storage units. Located on one of Salmon Arm’s busiest downtown core streets with a great location for retail, this is the second building just off TCH with lots of vehicle and pedestrian traffic. Two 800 square foot storefront retail spaces could be converted back to one 1600 square foot retail space. Three really cute and renovated residential apartments on the upper level, all currently rented. Building shows pride of ownership and has been very well maintained. Total building area 3,200 square foot with full unfinished basement, two storage spaces, covered balcony and parking stalls at rear. New high efficiency boiler, hot water tank. Located in the heart of the downtown core in an area of trendy retail stores, restaurants and professional offices. For more information please contact Jordan Grieve PREC* 250-833-7812 firstname.lastname@example.org or Jim Grieve PREC* 250-833-6312 email@example.com or visit www.jimgrievesalesteam.com. Toll free 1-800-890-9166. Realtor deems all information to be correct yet does 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:15474)
Trusted listings from REALTOR® Agents.
The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.