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260 Okanagan Avenue E

$3,099,000

High-Profile Corner Investment Property. Exceptional opportunity to acquire a prominently positioned commercial building fronting both Okanagan Avenue and Camrose Street. This property has undergone extensive renovations over the past four years, with reported improvements totaling approximately $1.2 million. Offering 33,784 square feet of gross leasable area on a flat 0.68-acre parcel, this M1-zoned (Mixed Urban Centre Commercial) property accommodates a strong and diverse mix of commercial and light industrial tenants. The current tenant roster provides a stable and diversified income stream, effectively mitigating risk for an investor. Additional highlights include 18 on-site parking stalls, an elevator, and accessible washrooms, ensuring convenience and compliance for all occupants. A true armchair investment, this is a turnkey asset in a prime location with significant capital improvements already completed. (id:61463)

Property Details

MLS® Number

10367383

Neigbourhood

Industrial Area

Features

Elevator

ParkingSpaceTotal

18

Building

ConstructedDate

1960

CoolingType

Central Air Conditioning

ExteriorFinish

Stucco

FireProtection

Security, Sprinkler System-fire, Security System, Smoke Detector Only

HeatingType

Other

RoofMaterial

Tar & Gravel,other

RoofStyle

Unknown,unknown

Type

Residential Commercial Mix

UtilityWater

Municipal Water

Land

Acreage

No

CurrentUse

Mixed Use

Sewer

Municipal Sewage System

SizeIrregular

0.68

SizeTotal

0.68 Ac|under 1 Acre

SizeTotalText

0.68 Ac|under 1 Acre

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