INVESTOR ALERT! Are you looking for a great investment with an 10.1% cap rate with this building that takes very little time and energy? This 12-unit building is individuality stratified and each unit (approximately 1000 sqft each+/-) has its own services with natural gas and hydro. Located in a nice commercial area zoned heavy industrial and offers a decent size lot where you can drive around the entire building. The lot and layout offer a nice arrangement as there is an area for storage and/or additional parking. Long term anchor tenants in place and the roof covering has recently been upgraded and replaced. lf you want your money working for you, you may want to inquire about this property. A few long term tenants including Fortis BC with a waiting list. (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Features
Level lot
Listing Contract Date
2025-11-05
Maintenance Fee Payment Frequency
Monthly
Maintenance Fee Type
Insurance, Property Management, Other, See Remarks, Sewer, Waste Removal, Water
Municipal ID
007-882-891
Ownership Type
Strata
Property Type
Industrial
Transaction Type
For sale
Building
Constructed Date
1979
Exterior Finish
Stucco, Wood
Heating Type
In Floor Heating, See remarks
Roof Material
Other
Roof Style
Unknown
Type
Other
Utility Water
Community Water User's Utility, Municipal water
Parking Spaces
Name
Spaces
Additional Parking
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Telephone
Available
Sewer
Available
Water
Available
Land
Total Size
1.25 acres
Access Type
Easy access
Acreage
Yes
Current Use
Industrial
Fence Type
Not fenced
Landscape Features
Level
Sewer
Municipal sewage system
Size of Irregular Land
1.25
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