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:60626)
| MLS® Number | 10367383 |
| Property Type | Other |
| Neigbourhood | Industrial Area |
| Features | Elevator |
| Parking Space Total | 18 |
| 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 |
| Acreage | No |
| Current Use | Mixed Use |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.68 |
| Size Total | 0.68 Ac|under 1 Acre |
| Size Total Text | 0.68 Ac|under 1 Acre |
| Zoning Type | Unknown |
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