For sale is a unique opportunity to acquire Jump Property Corp, a British Columbia-registered commercial property corporation. Included in the sale are two prime C-1 Commercial properties in Downtown Cranbrook. Established in 2021, the corporation comes with three years of detailed corporate filings from top accounting firms and a solid operational history, positioning it for continued success. The sale includes an 8,520 sq ft C-1 Commercial development site, currently serving as parking for the neighboring Total Pet store and generating a triple net revenue of $19,170 annually, with Pet Valu covering all taxes and expenses. The lease agreement includes options to extend the lease to 2036 and beyond, with lease amounts capping at $23,430 annually in the final extension term. Additionally, there is a 3,082 sq ft C-1 Commercial development site, paved for parking but currently unleased. This corporation and its assets offer significant investment potential, especially following the City's recent increase in C-1 zoning density from 80 units per hectare to 180, greatly enhancing development possibilities. (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.
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
