281 Victoria St W

For Sale 50 Days
$3,650,000
beds
baths
12,058 Sqft

281 Victoria St W

For Sale 50 Days
$3,650,000
beds
baths
12,058 Sqft

Highlights

Key insights

Description

Excellent investment or holding opportunity in the heart of Kamloops! 281 Victoria St. W. offers 12,000+ sq.ft. of leasable space on nearly 0.75 acres of C-3 Highway Commercial zoned land. This mixed-use property features six commercial units (previously seven) and three well-maintained residential apartments ranging from 600–750 sq.ft. Commercial tenants include a mix of retail, office, service, and light industrial uses such as a mechanic, restaurant, tattoo shop, and beauty supplier, with unit sizes from approx. 900–3,500 sq.ft. Built in the mid-1960s with concrete and wood frame construction, the property has seen numerous updates over the years. Ceiling heights vary from 8’ to 16’, and the site offers excellent frontage and level access along W. Victoria St. for both vehicles and pedestrians. Strategically located minutes from the downtown core and City Hall, and less than 100 meters from the merging of the North and South Thompson Rivers, Kamloops receives over 2000 hours of annual sunshine, making it one of the sunniest communities in all of Canada. This is a rare chance to acquire a strategically positioned, income-producing asset with an attractive cap rate and strong long-term potential in one of Kamloops’ most accessible and visible corridors. Incredibly high vehicular count. Call the LB for full details—make 281 Victoria St. W. part of your investment portfolio today! (id:55581)

David Lawrence of Royal Lepage Westwin Realty,
#10356171
updated 1 month ago.
Houseful checked MLS® for data 1 month ago.

Home overview

Amenities / Utilities
  • Cooling
    Window air conditioner
  • Heat source
    Electric
  • Heat type
    Baseboard heaters, see remarks
  • Sewer/ septic
    Municipal sewage system
Exterior
  • Roof
    Unknown
Location
  • Community features
    High traffic area
  • Subdivision
    South kamloops
  • Zoning description
    Commercial
Lot/ Land Details
  • Lot desc
    Level
  • Lot dimensions
    0.72
Overview
  • Lot size (acres)
    0.72
  • Building size
    12058
  • Listing #
    10356171
  • Property sub type
    Other
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28620248/281-victoria-street-w-kamloops-south-kamloops
  • Listing type identifier
    Idx

Show less

The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
rbc logo
Lock your rate with RBC pre-approval
Mortgage rate is for illustrative purposes only. Please check RBC.com/mortgages for the current mortgage rates

$-9,733

/ Month
25 Years fixed, 20% down payment, % interest
$
$
$
%
$
%

Nearby Homes