261 Alexander Street Ne, Salmon Arm, British Columbia V1E 4N3

Listed for:
$579,900
0 beds
0 baths
Listed 34 days ago
Residential Commercial Mix for rent: 261 Alexander Street Ne, Salmon Arm, British Columbia V1E 4N3

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Learn more about this property
Listing provided by:
Royal LePage Access Real Estate
MLS® number:
10366096
Agent:
Marv Beer
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About

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:27476)

Property Highlights

MLS® Number
10366096
Type
Other
Ownership Type
Freehold
Land Size
0.03 ac|under 1 acre

Building

Building Type
Residential Commercial Mix
Square Footage
2581 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air, See remarks
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location