4871 46 Avenue, SE

$1,300,000.00

Industrial | Salmon Arm, British Columbia
0 Bedrooms | 0 Bathrooms | 7900 sqft | Built in 2007
Investment property. Warehouse / Industrial building situated in the Salmon Arm Industrial Park . Newer 2007 built presently rented out with a 10 year lease to 2030. 400 amp service, and 3 phase power. Three overhead doors 16 ft in height, and 20 foot ceilings. Metal clad 60 x 110 foot building plus a 1320 mezzanine. Natural gas radiant heaters. On City water and Septic. Ample parking on fenced .7 acres. Currently leased by Search and Rescue ( excellent tenants )until 2030. Cap rate shows from 3.72% in 2021 to 5.5% in 2030 ( rental increase at 5% per year). Seller will look at vendor financing. All measurements are approximate and to be verified if deemed important. (id:29521)

Linda Rohlfs
RE/MAX Shuswap Realty

Access Type Easy access, Highway access
Acreage No
Amenities Golf Course
Constructed Date 2007
Exterior Finish Steel
Fireplace Present No
Heating Type Radiant heat
Roof Material Steel
Roof Style Conventional
Sewer Septic System
Size Frontage 124 ft
Size Interior 7900 sqft
Size Total 0.7 ac|under 1 acre
Type Manufacturing
Utility Water Municipal water
MLS Number 10231902
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