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351-391 Hudson St NW

26,725 SF 94% Leased Office Building Salmon Arm, BC V1E 2S1 $4,500,000 CAD ($168 CAD/SF)

Office Space British Columbia Salmon Arm 351-391 Hudson St NW, Salmon Arm, BC V1E 2S1

Investment Highlights

  • Located in downtown Salmon Arm
  • Strong tenant mix
  • National Bank for an anchor tenant

Executive Summary

Andover Place is a national bank anchored, centrally located, mixed use office building in the heart of downtown Salmon Arm. The offering consists of three contiguous multi-tenanted commercial buildings with an aggregate leasable area of approximately 39,152 SF. The buildings sit on +/- 0.556 acres of C2 zoned land with 22 open and 14 covered parking stalls. Immediate and future upside in the lease rates with strong mix of national, regional, and local tenancies will produce steady income and increase in returns for years to come.

Attachments

351-391 Hudson Ave. Sale Brochure

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
26,725 SF
Building Class
B
Year Built
2008
Price
$4,500,000 CAD
Price Per SF
$168 CAD
Percent Leased
94%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,908 SF
Zoning
C-2 - Town Centre Commercial

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 3rd Fl-Ste 301
  • 1,720 SF
  • Office
  • Full Build-Out
  • Now

Approximate 1,720 SF of office space located in the heart of downtown Salmon Arm, one block off Highway 97. Many local businesses call Andover Place home as it is strategically positioned in Salmon Arm’s downtown business district. Surrounded by amenities, including cafes, restaurants, and the post office, the unit provides turn key office space that consists of 5 offices, in suite washroom, small boardroom, and storage space. Onsite parking and elevator access to accommodate staff and clients. Available July 1, 2024.

Space Size Space Use Condition Available
3rd Fl-Ste 301 1,720 SF Office Full Build-Out Now

3rd Fl-Ste 301

Size
1,720 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 301

Size 1,720 SF
Space Use Office
Condition Full Build-Out
Available Now

Approximate 1,720 SF of office space located in the heart of downtown Salmon Arm, one block off Highway 97. Many local businesses call Andover Place home as it is strategically positioned in Salmon Arm’s downtown business district. Surrounded by amenities, including cafes, restaurants, and the post office, the unit provides turn key office space that consists of 5 offices, in suite washroom, small boardroom, and storage space. Onsite parking and elevator access to accommodate staff and clients. Available July 1, 2024.

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Walk Score ®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
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What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(236) 420-3558 x401

Contacts

  • Listing ID: 33993315

  • Date on Market: 2024-11-25

  • Last Updated:

  • Address: 351-391 Hudson St NW, Salmon Arm, BC V1E 2S1

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351-391 Hudson St NW
(236) 420-3558 x 401

351-391 Hudson St NW

1/2

Jeff Brown

(236) 420-3558

x401

(236) 420-3558 x401

Victoria Mitchell

(250) 300-4705

(250) 300-4705

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