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1113 Chief Louis Way offers a versatile commercial opportunity with 3 long-term tenants currently on month-to-month. The flexible tenancy structure provides a new owner with the option to maintain the property as an income-producing investment or transition toward owner occupancy, offering both immediate cash flow and future flexibility. This will be a new 99 year pre-paid lease directly from the Locatee holder.
Highlights
- Building is listed at 15,500 sq ft on a 3-acre lot, per the listing.
- Three long-term tenants are currently on month-to-month terms, per the listing.
- The listing describes the option to keep it as an income property or move toward owner occupancy.
- Per the listing, Town centre Kamloops and John Todd Community Centre are each about 2.9 km away, straight-line.
Things to check
- Ask for the full terms of the 99-year pre-paid lease, including what it covers and any conditions.
- Ask for copies of the current tenant agreements and rent amounts, since tenancies are month-to-month.
- Confirm the zoning and permitted uses for this property with the City of Kamloops.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Good to know: Royal Inland Hospital is about 3 minutes from Kamloops City Hall, and it’s the city’s largest employer. Living in Kamloops: the honest version →
Overall neighbourhood score 6.7 / 10; walk & bike score 3.8 / 10, from how close the nearest school, park or trail, rec centre and town centre are. Scores and distances are Sean Phillips’s own straight-line measures from this home to public B.C. map data. They are not part of the MLS® listing; driving distances are longer, so please check anything that matters to you.
- Price
- $2,990,000
- MLS® number
- 10401152
- Property type
- Commercial
- Living area
- 15,500 sq ft
- Lot size
- 3 acres
- Community
- South Kamloops, Kamloops
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