$5,900,000
903 Raffan Road, Armstrong
Armstrong/ Spall., Armstrong, BC V0E1B7
9,184 sq ft · Commercial
Listed by Oakwyn Realty Okanagan
About this property
Prime 7.721 acres of C4 zoned property on Highway 97 between Armstrong BC and Vernon BC. Excellent highway visibility and easy access off of Otter Lake Cross Road roundabout. Approximately 830 feet of Highway Frontage/Exposure! Currently tenanted until July 2030 at over 9.25% CAP rate(over next four years.). C4 zoning offers numerous business opportunities and potential through Spallumcheen to change zoning to I1(buyer to their perform due diligence). Property and building have had many recent upgrades. Yard has been levelled and extra gravel added to its base. Building has been re-sided with metal siding and a new roofing structure has been added. All 2000 + square feet of office space has been updated. Office space includes reception, kitchen, 5 offices and 2 bathrooms. Additionally, 2 more offices off the first warehouse space. 2 large warehouse spaces with 20+ foot ceilings, ideal for storage or maintenance on large vehicles. Building square footage is based off of mapping software and buyer should do their own measurements. (id:67417)
Property details
- Price
- $5,900,000
- MLS® number
- 10399311
- Property type
- Commercial · Other · Business
- Living area
- 9,184 sq ft
- Lot size
- 7.72 acres · 7.72
- Frontage
- 836 feet
- Community
- Armstrong/ Spall., Armstrong
Features
- Heating
- Baseboard heaters, Radiant/Infra-red Heat, Electric
- Roof
- Metal, Unknown
- Exterior
- Metal
- Community
- High Traffic Area
- Lot
- Level lot, Irregular lot size
- Water
- Private Utility
- Sewer
- Septic tank