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:45055)
| MLS® Number | 10367383 |
| Property Type | Other |
| Neigbourhood | Industrial Area |
| Features | Elevator |
| ParkingSpaceTotal | 18 |
| 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 |
| 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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