Offering a return of 6.4% cap rate downtown Kamloops with two A+ long-term tenants, including Scotiabank and a prominent law office. This building is strategically located at the intersection of Victoria and 3rd Ave. This property offers 23,349 SQFT of leasable area across three floors, with 28 underground parking stalls. With Kamloops ranking among Canada's fastest-growing metropolitan areas, this investment offers opportunity & stability with strong returns and potential rental escalations. Capitalize on this outstanding investment opportunity.
Listing Area:
Kamloops
Listing Sub-Area:
South Kamloops
Title:
Freehold
Property Type:
Building and Land
For Sale:
Yes
For Lease:
No
For Rent:
No
Taxes:
$125,981 /
-
Lot Area:
10,517 sq. ft.977 m2
Legal Description:
LOT 1, PLAN KAP31096, DISTRICT LOT 232, KAMLOOPS DIV OF YALE LAND DISTRICT
Data was last updated December 26, 2024 at 02:40 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$297,515
Min list price:
$25
Max list price:
$2,500,000
Avg days on market:
149
Min days on market:
8
Max days on market:
157
These statistics are generated based on the current listing's property type
and located in
South Kamloops. Average values are
derived using median calculations.