High-Profile Corner Investment Property. Exceptional opportunity to acquire a prominently positioned commercial building fronting both Okanagan Avenue and Camrose Street. This property has undergone extensive renovations over the past four years, with reported improvements totaling approximately $1.2 million. Offering 33,784 square feet of gross leasable area on a flat 0.68-acre parcel, this M1-zoned (Mixed Urban Centre Commercial) property accommodates a strong and diverse mix of commercial and light industrial tenants. The current tenant roster provides a stable and diversified income stream, effectively mitigating risk for an investor. Additional highlights include 18 on-site parking stalls, an elevator, and accessible washrooms, ensuring convenience and compliance for all occupants. A true armchair investment, this is a turnkey asset in a prime location with significant capital improvements already completed. (id:47421)
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Detailed Information
Features
Elevator
Listing Contract Date
2025-11-03
Municipal ID
008-364-184
# of Parking Spaces
18
Property Type
Other
Transaction Type
For sale
Building
Constructed Date
1960
Cooling Type
Central air conditioning
Exterior Finish
Stucco
Fire Protection
Security, Sprinkler System-Fire, Security system, Smoke Detector Only
Heating Type
Other
Roof Material
Tar & gravel,Other
Roof Style
Unknown,Unknown
Type
Residential Commercial Mix
Utility Water
Municipal water
Land
Total Size
0.68 acres
Current Use
Mixed use
Sewer
Municipal sewage system
Size of Irregular Land
0.68
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