$ 579,900 261 Alexander Street Northeast

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

Listing Info

Area: Salmon Arm
Property Type: Other
Ownership: Freehold
MLS® Number: 10366096
Year Built: 1955
Lot Size: 0.03
Listing Status: Active
List Price: $ 579,900

Place Nearby (within radius 1.5 km)



0 BR / 0 BA Other – Salmon Arm

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:6769)

Construction Info

Interior Finish: 2581
Sewer: Municipal sewage system

Rooms Dimension

Listing Agent:

Marv Beer
(250) 517-8390

Brokerage:

Royal LePage Access Real Estate
(250) 832-9997
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