231 Alexander Street NE SALMON ARM BC
Good cash flow for this commercial building with approximately 7.5% ROI on asking price - Rent income potential from two main floor retail spaces, three residential apartments and two storage units. Located on one of Salmon Arm's busiest downtown core streets with a great location for retail, this is the second building just off TCH with lots of vehicle and pedestrian traffic. Two 800 square foot storefront retail spaces. Three really cute and renovated residential apartments on the upper level, all currently rented. Building shows pride of ownership and has been very well maintained. Total building area 3,200 square foot with full unfinished basement, two storage spaces, covered balcony and parking stalls at rear. New high efficiency boiler, hot water tank. Located in the heart of the downtown core in an area of trendy retail stores, restaurants and professional offices. Realtor deems all information to be correct yet does not guarantee this nor are we liable in any way for any mistakes, errors, or omissions. Buyer should verify all information important to them. MLS10169975
For more information please contact:
Jim Grieve, Personal Real Estate Corporation
250-833-6312
Jordan Grieve, BComm/Personal Real Estate Corporation
250-833-7812
HOMELIFE SALMON ARM REALTY
jimgrievesalesteam
Toll Free 1-800-890-9166