40 Lakeshore Drive, NE

Salmon Arm, British Columbia V1E4M9

$1,690,000

Great investment opportunity showing approx 5.5% cap rate on asking price, for this 18,308 square foot multi-tenant commercial building with high profile location in Salmon Arms downtown core. Two storey, eleven unit building with great tenants in place. Eight main floor storefront units with direct street access and 3 upper floor units with common hallway and stairwell. High profile location, 0.36 acre corner site with frontage on Lakeshore Drive and Shuswap Street. Busy intersection with both pedestrian and vehicle traffic, easy access to Trans Canada Highway and lots of area parking including access to inner core parking lot with some dedicated stalls. Busy downtown core location with retail shopping, offices and restaurants. Realtors deem all information to be correct yet do not guarantee this nor are we liable in any way for any mistakes, errors, or omissions. Buyer should verify all information important to them. (id:3942)
ID# 10241227
Courtesy of Homelife Salmon Arm Realty.Com
Listed on: October 05, 2021

On market: 15 days
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Year Built 1960
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