Capture this solid piece of the downtown Salmon Arm core with this excellent mixed-use investment property. Perfectly situated on one of the busiest streets, this building offers high visibility and attracts significant foot and vehicle traffic, ideal for any business. The structure features 1200 square feet per floor. The main level's dedicated storefront retail space is currently occupied by a commercial tenant who has 14 months remaining on their lease, providing immediate and secure commercial income. The upper floor boasts a well-maintained residential suite (one bedroom plus a den) with an existing tenant on a month-to-month lease, ensuring dual streams of stable rental cash flow.This is a turnkey chance to own a commercial building in a rapidly growing community, offering both commercial stability and residential income with high visibility. Call today! (id:44393)
| MLS® Number | 10366096 |
| Property Type | Other |
| Neigbourhood | NE Salmon Arm |
| Constructed Date | 1955 |
| Heating Type | Forced Air, See Remarks |
| Roof Material | Tar & Gravel |
| Roof Style | Unknown |
| Size Interior | 2,581 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
| Acreage | No |
| Current Use | Mixed Use |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.03 |
| Size Total | 0.03 Ac|under 1 Acre |
| Size Total Text | 0.03 Ac|under 1 Acre |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/29003647/261-alexander-street-ne-salmon-arm-ne-salmon-arm
Contact us for more information
Marv Beer
(250) 832-9997
(250) 832-9935
www.royallepageaccess.ca/
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