3030 40 Street SE
Salmon Arm, British Columbia
MLS® 10394098
$4,990,000
- Status
- Active
- Property type
- Industrial
- MLS® number
- 10394098
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1990
1 / 23Listing description
Rare opportunity to acquire approximately 10 acres of M1 (General Industrial) zoned land in Salmon Arm's established industrial corridor. The M1 zoning permits a broad range of industrial and commercial uses, making this an ideal property for owner-users, developers, or investors. The property features an approximately 3,000 sq.
ft. log building that has previously operated as corporate offices and a show home. The building is well suited for office, administrative, or client-facing operations and can be adapted to meet a variety of business requirements.
Supporting improvements include a detached three-bay garage with radiant natural gas heat and a washroom, as well as a 30' x 40' service shop complete with natural gas, power, water, and a 10' wide x 12' high overhead door. The site offers exceptional flexibility. Utilize the property as a single 10-acre industrial operation or capitalize on the preliminary approval (PLR) already in place for a 9-lot industrial subdivision, providing significant development potential.
The land is predominantly level and highly usable, offering efficient site planning and development. With no building scheme or construction timeline restrictions, purchasers have the flexibility to develop according to their operational or investment objectives. The site is serviced by two high-volume water wells, municipal water, and three-phase power, providing the capacity required for a wide range of industrial operations and future development.
Strategically located with excellent access to both Highway 97B and the Trans-Canada Highway, the property benefits from efficient transportation routes and no seasonal road restrictions, making it well suited for manufacturing, warehousing, distribution, service industrial, and a variety of other industrial applications.
Property summary
- MLS® number
- 10394098
- Property type
- Industrial
- Building type
- Other
- Square footage
- 2,970 sq ft
- Land size
- 10 acres
- Built in
- 1990
- Days on market
- 38 days
Features & details
- Heating
- Forced air
What would this home cost you?
Based on the $4,990,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REMAX Shuswap, Salmon Arm.
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.