3030 40 Street Se, Salmon Arm
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. (id:1945)
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Property details for 3030 40 Street Se, Salmon Arm
- Type
- Commercial
- Living Area
- 2,970 square feet
- Lot Size
- 10
- Heating
- Forced air
Nearby Listings Stat
Estimated price and comparable properties near 3030 40 Street Se
Active Listings
56
Min Price
$225,000
Max Price
$4,990,000
Avg Price
$928,261
Days on Market
97
days
Sold Listings
9
Min Sold Price
$134,000
Max Sold Price
$1,799,000
Avg Sold Price
$789,433
Days until Sold
109
days
Neighbourhood Census Data
Salmon Arm, British Columbia / Colombie-Britannique
Population
533
Median Age
50.8
Median Income
$26,048
Dwelling Value
$122,203
Housing Tenure
Owners 82%
Renters 18%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 118.4/km²
Avg Shelter Cost: $814/mo
Owners with Mortgage: 46.5%
Owners Spending 30%+: 16.7%
Tenants Spending 30%+: 0%
English only: 94.3%
English and French: 4.7%
Median Household Income: $47,360
Median Employment Income: $24,832
Price History
Listed
July 21, 2026
by RE/MAX Shuswap Realty
Current Price
$4,990,000
Type
Commercial
For Sale
