$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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