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Opportunity to acquire a 19,800 sf industrial building on 1.96 acres in Mt. Paul Industrial Park. The front warehouse offers 8,016 sf plus 471 sf of second floor office and will be vacant on sale, ideal for an owner operator seeking immediate occupancy. The rear warehouse totals 11,000 sf with 313 sf of front office space and is leased to a tenant through October 31, 2029, providing stable income. Functional layout, ample yard area, and long term flexibility allow an owner to expand into the rear space in future while benefiting from existing cash flow. Strong access and site coverage. Seller willing to entertain vendor financing terms
Highlights
- The front warehouse of 8,016 sq ft plus 471 sq ft of second-floor office is listed as vacant on sale, per the listing.
- The rear warehouse of 11,000 sq ft is leased to a tenant through October 31, 2029, per the listing.
- The 1.96-acre site has a level lot, with municipal water, sewer, natural gas and electricity listed as services.
- Town centre Kamloops is about 860 m away, and Royal Inland Hospital is about 1.4 km away.
Things to check
- The listing shows 20,584 sq ft, but the description says 19,800 sf. Ask for the measured building area.
- Ask the City of Kamloops whether zoning and approvals allow the future expansion into the rear space that the listing mentions.
- Ask for the rear tenant's lease terms and the vendor financing terms, which the listing does not detail.
- Ask how many parking spaces are available, since the listing only says additional parking, and ask for roof and heating age records for the 1997 building.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Did you know?: Trillium at City Gardens is a 24-storey, 150-unit downtown tower with a fitness studio, social lounge and library. Living at Trillium at City Gardens: condos for sale →
Overall neighbourhood score 7 / 10; walk & bike score 7 / 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
- $1,999,000
- MLS® number
- 10403008
- Property type
- Commercial
- Living area
- 20,584 sq ft
- Year built
- 1997
- Community
- North Kamloops, Kamloops
- Heating
- Forced air, Radiant/Infra-red Heat
- Cooling
- Central air conditioning
- Parking
- Additional Parking
- Roof
- Metal
- Exterior
- Concrete
- Lot features
- Level lot
- Water
- Municipal water
- Utilities
- Sewer, Natural Gas, Electricity
- Fencing
- Chain link
- Parking details
- Additional Parking
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