261 Alexander St NE

For Sale New 2 Days
$579,900
beds
baths
2,581 Sqft

261 Alexander St NE

For Sale New 2 Days
$579,900
beds
baths
2,581 Sqft

Highlights

Key insights

Description

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:63267)

Marv Beer of Royal LePage Access Real Estate,
#10366096
updated 2 days ago.
Houseful checked MLS® for data 2 days ago.

Home overview

Amenities / Utilities
  • Heat type
    Forced air, see remarks
  • Sewer/ septic
    Municipal sewage system
Exterior
  • Roof
    Unknown
Location
  • Subdivision
    Ne salmon arm
  • Zoning description
    Unknown
Lot/ Land Details
  • Lot dimensions
    0.03
Overview
  • Lot size (acres)
    0.03
  • Building size
    2581
  • Listing #
    10366096
  • Property sub type
    Other
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/29003647/261-alexander-street-ne-salmon-arm-ne-salmon-arm
  • Listing type identifier
    Idx

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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.
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$-1,546

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