$3,475,000

281 VICTORIA Street W, Kamloops

South Kamloops, Kamloops, BC V2C1A5

12,058 sq ft · Single-family home

Listed by Royal LePage Westwin Realty · David Lawrence

About this property

Prime investment and redevelopment opportunity in one of Kamloops’ busiest commercial corridors. Currently operating as a well-maintained mixed-use complex, the property offers over 12,000 sq. ft. of leasable space on nearly 0.75 acres of C6 Arterial Commercial zoned land, providing immediate income along with significant long-term potential. The existing building includes 6 commercial units and 3 residential apartments ranging from approximately 600–750 sq. ft. Commercial spaces range from approximately 900–3,500 sq. ft. and are occupied by a diverse mix of established retail, service, office, and light industrial tenants, creating a stable and diversified revenue stream. Built with a combination of concrete and wood-frame construction, the property has benefited from ongoing improvements and offers functional layouts, ceiling heights ranging from 8’–16’, and convenient access for customers, tenants, and service vehicles. Located along West Victoria Street, the property enjoys excellent frontage and visibility on a high-traffic route connecting several key areas of the city. Its central location places it just minutes from downtown, City Hall, and the confluence of the North and South Thompson Rivers. With flexible C6 zoning, a generous site, strong exposure, and an established income-producing configuration, this property offers an excellent opportunity to hold, operate, and potentially intensify in the future. (id:67417)

Property details

Price

$3,475,000

MLS® number

10399759

Property type

Single-family home · Residential Commercial Mix · Other

Living area

12,058 sq ft

Lot size

0.72 acres · 0.72

Community

South Kamloops, Kamloops

Features

Heating

Baseboard heaters, Electric, See remarks

Cooling

Window air conditioner

Parking

Stall

Roof

Tar & gravel, Other, Unknown

Exterior

Concrete, Stucco

Community

High Traffic Area

Lot

Level lot

Water

Municipal water

Sewer

Municipal sewage system

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