150 Victoria St W | Kamloops, BC V2C 1Z7
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150 Victoria St W
Kamloops, BC V2C 1Z7
Retail Property For Sale
Investment Highlights
- Potential for redevelopment site
- Can be purchased with adjacent properties
- Zoning allows for many retail uses or the development of multi-family/commercial
Executive Summary
This is an attractive investment property, owner occupier property or commercial development site. This location has the highest drive by traffic in the city, with 40,000 cars per day. Current C-6 (Arterial Commercial) zoning, allows for many retail uses and the development of Multi-Family or Commercial development. This property can be purchased with the adjacent properties, 154 and 100 Victoria Street W. on one acre of land in total. The total list price for all three properties is $3,000,000.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,334 SF
Building Class
C
Year Built
1990
Price
$1,000,000 CAD
Price Per SF
$300 CAD
Cap Rate
3.51%
NOI
$35,110 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.28 AC
Zoning
C-6 - Arterial Commercial
Parking
16 Spaces (4.8 Spaces per 1,000 SF Leased)
Frontage
240 ft on Victoria Street West
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