$ 1,099,000

141 Shuswap Street Ne, Salmon Arm

Excellent investment opportunity in the heart of downtown Salmon Arm. This 6,600 sq. ft. commercial building is fully leased to Skookum with a 6-year lease in place, providing an investor with stable income from day one and an approximate 6.5% cap rate. The building offers approximately 3,300 sq. ft. on each of its two levels, making excellent use of its downtown lot. Several significant capital improvements have already been completed, including updates to the roof and HVAC systems. With a long-term tenant in place, strong return and a central downtown location, this is a solid opportunity for an investor looking to add a well-positioned income-producing commercial property to their portfolio. (id:1945)
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Property details for 141 Shuswap Street Ne, Salmon Arm

Type
Commercial
Living Area
6,600 square feet
Lot Size
0.11
Heating
Other
Cooling
Central air conditioning
Annual Taxes
$9,877

Nearby Listings Stat

Estimated price and comparable properties near 141 Shuswap Street Ne

Active Listings
139
Min Price
$229,000
Max Price
$6,500,000
Avg Price
$813,529
Days on Market
119
days
Sold Listings
25
Min Sold Price
$279,900
Max Sold Price
$3,500,000
Avg Sold Price
$796,104
Days until Sold
110
days

Neighbourhood Census Data

Salmon Arm, British Columbia / Colombie-Britannique

Population
485
Median Age
62.7
Median Income
$28,480
Dwelling Value
$399,724

Housing Tenure

Owners 46%
Renters 51%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.9
Pop. Density: 679.7/km²
Avg Shelter Cost: $981/mo
Owners with Mortgage: 35.3%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 52.6%
English only: 92.2%
English and French: 7.8%
Neither: 1.3%
Median Household Income: $50,560
Median Employment Income: $23,552

Price History

Listed
September 16, 2026
by Homelife Salmon Arm Realty.Com
Current Price
$1,099,000
Type
Commercial
For Sale
141 Shuswap Street Ne

Contact Agent Get in touch about 141 Shuswap Street Ne, Salmon Arm

Jordan Grieve
Jordan Grieve
Homelife Salmon Arm Realty.Com