903 Raffan Road, Armstrong - Business for Sale
903 Raffan Road, Armstrong, British Columbia, V0E1B7
This business in Armstrong is for sale offering roughly 9,184 sq ft of space. It has been on the market 65 days, fresher than the Armstrong average of 97 days.
Description
Prime 7.721 acres of C4 zoned property on Highway 97 between Armstrong BC and Vernon BC. Excellent highway visibility and easy access off of Otter Lake Cross Road roundabout. Approximately 830 feet of Highway Frontage/Exposure! Currently tenanted until July 2030 at over 9.25% CAP rate(over next four years.). C4 zoning offers numerous business opportunities and potential through Spallumcheen to change zoning to I1(buyer to their perform due diligence). Property and building have had many recent upgrades. Yard has been levelled and extra gravel added to its base. Building has been re-sided with metal siding and a new roofing structure has been added. All 2000 + square feet of office space has been updated. Office space includes reception, kitchen, 5 offices and 2 bathrooms. Additionally, 2 more offices off the first warehouse space. 2 large warehouse spaces with 20+ foot ceilings, ideal for storage or maintenance on large vehicles. Building square footage is based off of mapping software and buyer should do their own measurements. (id:66096)
Property Details
- MLS®
- 10399311
- Property Type
- Business
- Half Baths
- 0
- Interior Size
- 9,184 ft²
- Lot Size
- 7.72 acres
- Frontage
- 836 ft
- Heating
- Baseboard heaters, Radiant/Infra-red Heat, Electric
- Listed
- 65 days ago
Features
- Exterior
- Metal
- Lot Features
- Level lot, Irregular lot size
Services
- Water
- Private Utility
- Sewer
- Septic tank
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 65 days on market, against an average age of 97 days across the listings currently for sale in this city
This business in Armstrong has been listed for 65 days, which is 32 days fresher than the city average of 97. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
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$5,900,000
Armstrong