$ 7,000,000 – 903 Raffan Road

This listing presented by Lorne Ayers. Contact Lorne by phone: (250) 860-1100 or email direct here.

Listing Info

Area: Armstrong
Property Type: Business
Ownership: Freehold
MLS® Number: 10357718
Year Built: 1979
Lot Size: 7.72
Listing Status: Active
List Price: $ 7,000,000

Place Nearby (within radius 1.5 km)



0 BR / 0 BA Business – Armstrong

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:6769)

Construction Info

Interior Finish: 9184
Sewer: Septic tank

Rooms Dimension

Listing Agent:

John Dent
(250) 309-3018

Brokerage:

Coldwell Banker Executives Realty
(250) 549-2103
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