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Renanza Realty
For sale

1479 Theatre Road

Cranbrook, British Columbia

MLS® 10385098

$6,000,000

Status
Active
Property type
Industrial
MLS® number
10385098
Bedrooms
Bathrooms
Year built

Listing description

Rare opportunity to acquire the largest single industrial land holding in Cranbrook, comprising approximately 95 acres in a supply-constrained market where assets of this scale rarely come available. The property generates lease income from multiple leases totaling approximately $272,000 annually, providing holding income while future development or repositioning is considered. Improvements include a 47,000 SF former finger-joint manufacturing facility with 22–25 ft clear heights (vacant), a 7,500 SF four-bay warehouse (tenanted), and a ~15,000 SF lumber storage shed.

The site features frontage along the Canadian Pacific Railway, multiple north and south access points, and dual M2 and M3 zoning permitting a wide range of industrial uses including manufacturing, warehousing, distribution, and logistics. Strategically located with direct access to Highway 3, proximity to the U. S.

border, and connectivity to the Canadian Rockies International Airport, this offering combines scale, income, and location in a sought-after industrial node. Cranbrook serves as the East Kootenay’s commercial and logistics hub for a trade area of approximately 100,000 people, supported by daily rail service, 330,000+ freight truck movements annually, and regular air service to Calgary, Vancouver, and Kelowna. This is a Court-Ordered sale, offering purchasers multiple exciting opportunities, including manufacturing use, repositioning of improvements, rail reconnection, and future industrial development.

Property summary

MLS® number
10385098
Property type
Industrial
Building type
Other
Square footage
54,500 sq ft
Title
Freehold
Land size
94.65 acres
Annual property taxes
$169,167.00
Days on market
117 days

What would this home cost you?

Based on the $6,000,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$27,917 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Royal LePage Kelowna, Kelowna.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.