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GOOD CASH FLOW DOWNTOWN COMMERCIAL

Overview

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Ad number:#379402309
Contact:Jim Grieve, Personal Real Estate Corporation
Phone:800-890-9166
City:Salmon Arm, BC
Zip:V1E 3B8
Price:$498000
Square ft:3200
Beds:N/A
Baths:N/A

Description

231 Alexander Street NE, SALMON ARM, BC

Good cash flow for this commercial building with C2 zoning. Rent income potential from two main floor lease spaces, three residential apartments and two storage units. Located on one of Salmon Arm's busiest downtown core streets with a great location for a variety of uses. This is the second building just off TCH with lots of vehicle and pedestrian traffic. Two 800 square foot storefront spaces could be converted back to one 1600 square foot 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 feet 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 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. Realtor deems all information to be correct yet does not guarantee this nor are we liable in any way for any mistakes, errors, or omissions. Buyer should verify all information important to them. Buyer should verify all information important to them.

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