261 Alexander Street Ne

2,581 ft²

Capture this solid piece of the downtown Salmon Arm core with this excellent mixed-use investment property. Perfectly situated on one of the busiest streets, this building offers high visibility and attracts significant foot and vehicle traffic, ideal for any business. The structure features 1200 square feet per floor. The main level's dedicated storefront retail space is currently occupied by a commercial tenant who has 14 months remaining on their lease, providing immediate and secure commercial income. The upper floor boasts a well-maintained residential suite (one bedroom plus a den) with an existing tenant on a month-to-month lease, ensuring dual streams of stable rental cash flow.This is a turnkey chance to own a commercial building in a rapidly growing community, offering both commercial stability and residential income with high visibility. Call today! (id:45055)

• Property Details

  MLS® Number	10366096
  Property Type	Other
  Neigbourhood	NE Salmon Arm

• Building

  ConstructedDate	1955
  HeatingType	Forced Air, See Remarks
  RoofMaterial	Tar & Gravel
  RoofStyle	Unknown
  SizeInterior	2,581 Ft2
  Type	Residential Commercial Mix
  UtilityWater	Municipal Water

• Land

  Acreage	No
  CurrentUse	Mixed Use
  Sewer	Municipal Sewage System
  SizeIrregular	0.03
  SizeTotal	0.03 Ac|under 1 Acre
  SizeTotalText	0.03 Ac|under 1 Acre

• Rooms
• Utilities