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231 Alexander Street, NE, Salmon Arm

231 Alexander Street, NE, Salmon Arm, British Columbia, V1E1E7

Good cash flow for this commercial building with approx 8% ROI on asking price – Rent income from two main floor retail spaces, and three residential apartments. 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. Both retail spaces (800 sq ft each) have tenants in place. 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 sq ft with full unfinished basement, 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 jordangrieve@shaw.ca or Jim Grieve PREC* 250-833-6312 jdgrieve@shaw.ca or visit www.jimgrievesalesteam.com. Toll free 1-800-890-9166. (id:15474)

Property Overview

Salmon Arm
231 Alexander Street, NE, Salmon Arm, British Columbia, V1E1E7
British Columbia
V1E1E7
10169975
528000

Property Specifications

3200 sqft
0.05 ac|under 1 acre
3200 sqft
1960
20181019 180728
Commercial mixed use
Freehold

Building Features

Municipal water

OMREB-small

Jim Grieve
Homelife Salmon Arm Realty.Com

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