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$ 7,000,000
Est. payment | /mo
9,184 SqFt
$ 7,000,000
Est. payment | /mo
9,184 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 9,184 sqft
Price per Sqft $762
Subdivision Armstrong/ Spall.
MLS® Listing ID 10357718
Year Built 1979
Lot Size 7.720 Acres
Acres 7.72
Property Sub-Type Freehold
Source Association of Interior REALTORS®
Property Description
Prime 7.721 acres of C4 zoned property on Highway 97 between Armstrong BC and Vernon BC. Excellent highway visibility and easy access off of Otter Lake Cross Road roundabout. Approximately 830 feet of Highway Frontage/Exposure! Currently tenanted until July 2027 at over 8% CAP rate(over next two years.). C4 zoning offers numerous business opportunities and potential through Spallumcheen to change zoning to I1(buyer to their perform due diligence). Property and building have had many recent upgrades. Yard has been levelled and extra gravel added to its base. Building has been re-sided with metal siding and a new roofing structure has been added. All 2000 + square feet of office space has been updated. Office space includes reception, kitchen, 5 offices and 2 bathrooms. Additionally, 2 more offices off the first warehouse space. 2 large warehouse spaces with 20+ foot ceilings, ideal for storage or maintenance on large vehicles. Building square footage is based off of mapping software and buyer should do their own measurements. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, , Radiant/Infra-red Heat
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Roof Type Unknown
Private Pool No
Building
Lot Description Level
Sewer Septic tank
Others
Ownership Freehold
Listed by Coldwell Banker Executives Realty
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