261 Alexander Street, NE

$384,900

10163177
MLS#
2500 sqft
sqft

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Description

Retail and residential building in the heart of downtown Salmon Arm. 1250 sq/ft per floor, with a storefront retail space on the main floor and a 1 bed plus a den residential suite up. Investment opportunity with both residential and commercial space fully leased. Providing an estimated 5.5% CAP rate. Future potential to move your business to Salmon Arm and have tenant income from the upstairs suite or an investment opportunity to get a commercial building in the downtown core. High visibility on one of Salmon Arm's busiest streets with a storefront location with lots of foot and vehicle traffic. For more information, call Jeremy at 250-253-1565 or email at [email protected]

Overview

  • Price 384,900
  • MLS # 10163177
  • Age 1975
  • Size 2500 sqft
  • Exterior Wood siding, Stucco
  • Water Municipal water
  • Sewer Municipal sewage system
  • Listing Office Royal LePage Access Real Estate

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