903 Raffan Road

9,184 sqft

Prime 7.721 acres of C4 zoned property on Highway 97 between Armstrong BC and Vernon BC. Excellent highway visibility and easy access off of Otter Lake Cross Road roundabout. Approximately 830 feet of Highway Frontage/Exposure! Currently tenanted until July 2030 at over 9.25% CAP rate(over next four years.). C4 zoning offers numerous business opportunities and potential through Spallumcheen to change zoning to I1(buyer to their perform due diligence). Property and building have had many recent upgrades. Yard has been levelled and extra gravel added to its base. Building has been re-sided with metal siding and a new roofing structure has been added. All 2000 + square feet of office space has been updated. Office space includes reception, kitchen, 5 offices and 2 bathrooms. Additionally, 2 more offices off the first warehouse space. 2 large warehouse spaces with 20+ foot ceilings, ideal for storage or maintenance on large vehicles. Building square footage is based off of mapping software and buyer should do their own measurements. (id:67517)

• Property Details

  MLS® Number	10399311
  Property Type	Business
  Neigbourhood	Armstrong/ Spall.
  AmenitiesNearBy	Golf Nearby, Recreation
  CommunityFeatures	High Traffic Area
  Features	Level Lot, Irregular Lot Size

• Building

  ExteriorFinish	Metal
  HeatingFuel	Electric
  HeatingType	Baseboard Heaters, Radiant/infra-red Heat
  RoofMaterial	Metal
  RoofStyle	Unknown
  SizeInterior	9,184 Sqft
  Type	Other
  UtilityWater	Private Utility

• Land

  AccessType	Easy Access, Highway Access
  Acreage	Yes
  LandAmenities	Golf Nearby, Recreation
  LandscapeFeatures	Level
  Sewer	Septic Tank
  SizeFrontage	836 Ft
  SizeIrregular	7.72
  SizeTotal	7.72 Ac|5 - 10 Acres
  SizeTotalText	7.72 Ac|5 - 10 Acres

• Rooms
• Utilities