281 Victoria Street W

12,058 sqft

Prime investment and redevelopment opportunity in one of Kamloops’ busiest commercial corridors. Currently operating as a well-maintained mixed-use complex, the property offers over 12,000 sq. ft. of leasable space on nearly 0.75 acres of C6 Arterial Commercial zoned land, providing immediate income along with significant long-term potential. The existing building includes 6 commercial units and 3 residential apartments ranging from approximately 600–750 sq. ft. Commercial spaces range from approximately 900–3,500 sq. ft. and are occupied by a diverse mix of established retail, service, office, and light industrial tenants, creating a stable and diversified revenue stream. Built with a combination of concrete and wood-frame construction, the property has benefited from ongoing improvements and offers functional layouts, ceiling heights ranging from 8’–16’, and convenient access for customers, tenants, and service vehicles. Located along West Victoria Street, the property enjoys excellent frontage and visibility on a high-traffic route connecting several key areas of the city. Its central location places it just minutes from downtown, City Hall, and the confluence of the North and South Thompson Rivers. With flexible C6 zoning, a generous site, strong exposure, and an established income-producing configuration, this property offers an excellent opportunity to hold, operate, and potentially intensify in the future. (id:67517)

• Property Details

  MLS® Number	10399759
  Property Type	Other
  Neigbourhood	South Kamloops
  AmenitiesNearBy	Public Transit, Park, Recreation, Shopping
  CommunityFeatures	High Traffic Area
  Features	Level Lot

• Building

  CoolingType	Window Air Conditioner
  ExteriorFinish	Concrete, Stucco
  HeatingFuel	Electric
  HeatingType	Baseboard Heaters, See Remarks
  RoofMaterial	Tar & Gravel,other
  RoofStyle	Unknown,unknown
  SizeInterior	12,058 Sqft
  Type	Residential Commercial Mix
  UtilityWater	Municipal Water

  Stall

• Land

  AccessType	Easy Access
  Acreage	No
  CurrentUse	Mixed Use
  LandAmenities	Public Transit, Park, Recreation, Shopping
  LandscapeFeatures	Level
  Sewer	Municipal Sewage System
  SizeIrregular	0.72
  SizeTotal	0.72 Ac|under 1 Acre
  SizeTotalText	0.72 Ac|under 1 Acre

• Rooms
• Utilities