3,200 ft²
Retail / Multifamily
$489,000
Sale


Jim Grieve
Jim Grieve
Homelife Salmon Arm Realty.com

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.


The Space
Asking Price$489,000
Available Space3,200 ft²
Property UseInvestment property

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

Inquire
Jim Grieve
Jim Grieve
Homelife Salmon Arm Realty.com
Contact
PROTECT YOUR BUSINESS
Get the most cost-effective insurance coverage fast and easy!

Solutions For Your Business
HR. Talent. Benefits. Payroll. Compliance.
ADP has you covered.

REGISTER YOUR BUSINESS IN MINUTES
Ownr is the simplest, most convenient way to register
or incorporate your business and build your brand.

Use the code SPACELIST40 at checkout for $40 off.

BUY YOUR OFFICE ESSENTIALS
Manage your Best Buy orders and enjoy business-level
pricing with a free Business Account.