FOR SALE/LEASE MCGUIRE LAKE 230 ROSS STREET NE, SALMON ARM, BC FREESTANDING RETAIL BUILDING IN DOWNTOWN SALMON ARM Subject Site TRANS CANADA HWY (25,757 VPD) Salmon Arm City Hall Jack Allpress* 604 638 1975
[email protected] Kanwal Sahota 604 675 5241
[email protected] *Personal Real Estate Corporation FOR SALE/LEASE 230 ROSS STREET NE, SALMON ARM, BC OPPORTUNITY Marcus & Millichap is pleased to present the opportunity to purchase or lease a 1,650 square foot, fully-fixtured, freestanding building situated on a 9,780 square foot lot located in the heart of downtown Salmon Arm, BC. SALIENT DETAILS Address: 230 Ross Street Northeast, Salmon Arm, BC PID: 005-574-293 Site Size: 9,780 SF LOOKING EAST OVER 230 ROSS STREET LOOKING NORTHWEST OVER 230 ROSS STREET Gross Leasable Area: 1,650 SF HIGHLIGHTS Traffic Counts (2019): 25,757 VPD - Trans-Canada Highway Excellent exposure at a prominent corner along Trans-Canada Highway (25,757 vehicles per day) Two points, Ross Street & Trans-Canada Ingress/Egress: Highway Parking: 11 spaces Estimated population of 21,000 people by 2021 and is projected to grow significantly in the future. Voted as the best place to live in BC and the sixth-best place to live in Canada by Maclean’s magazine (best communities to live in 2019) Property Tax (2020): $14,402 ($8.72 PSF) Situated in the heart of Downtown Salmon Arm, close to all the major amenities. Redevelopment Zoning: C-2 (Town Centre Commercial Zone) potential allows for a maximum site coverage of 100% of the site area & a maximum height of 20 metres (65.6 feet) Possession: Immediately In place C-2 zoning is intended to accommodate a wide variety of activities including retail, business, entertainment, cultural & limited residential uses.