141 Shuswap Street Nw, Salmon Arm, British Columbia

About 141 Shuswap Street Nw

Excellent investment opportunity in the heart of downtown Salmon Arm. This 6,600 sq. ft. commercial building is fully leased to Skookum with a 6-year lease in place, providing an investor with stable income from day one and an approximate 5.7% cap rate at current rates that escaltes over 6%. The building offers approximately 3,300 sq. ft. on each of its two levels, making excellent use of its downtown lot. Several significant capital improvements have already been completed, including updates to the roof and HVAC systems. With a long-term tenant in place, strong return and a central downtown location, this is a solid opportunity for an investor looking to add a well-positioned income-producing commercial property to their portfolio. (id:6289)

More Info on this NE Salmon Arm Retail MLS® listing

141 Shuswap Street Nw is a retail listing for sale in Salmon Arm. The MLS® number is 10400786. It covers 6,600 square feet. It's currently listed for $1,099,000. For more details on MLS® 10400786, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This retail listing in NE Salmon Arm is available now!

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