Retail / Multifamily
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The Building - 231 Alexander Street
231 Alexander Street NE Salmon Arm BC
Good cash flow for this commercial building with C2 zoning. 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 many uses, 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 nicely 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.
Property TypeRetail / Multifamily
Building Size3,200 ft²
Lot Size0 ft²