GOOD CASH FLOW DOWNTOWN COMMERCIAL (Salmon Arm)

GOOD CASH FLOW DOWNTOWN COMMERCIAL

231 ALEXANDER ST NE SALMON ARM BCGood cash flow for this commercial building with approx 8% ROI on asking price - Rent income from two main floor retail spaces three residential apartments and two storage units. Located on one of Salmon Arm s busiest downtown core streets with a great location for retail this is the second building just off TCH with lots of vehicle and pedestrian traffic. Both retail spaces (800 sq ft each) leased with great tenants in place. Three really cute and renovated residential apartments on the upper level all currently rented. Building shows pride of ownership and has been very well maintained. Total building area 3 200 sq ft with full unfinished basement two storage spaces (rented) covered balcony and parking stalls at rear. New high efficiency boiler hot water tank. Located in the heart of the downtown core in an area of trendy retail stores restaurants and professional offices. MLS 10169975 For more information please contact Jim Grieve Personal Real Estate Corporation 250-833-6312 jdgrieve(at)shaw.ca Jordan Grieve BComm Personal Real Estate Corporation 250-833-7812 jordangrieve(at)shaw.ca HOMELIFE SALMON ARM REALTY.com www.jimgrievesalesteam.com Toll Free 1-800-890-9166