281 Victoria St W 12,000 SF 100% Leased Retail Building Kamloops, BC V2C 1A5 $3,475,000 CAD ($289.58 CAD/SF)

281 Victoria Street W presents a rare investment and redevelopment opportunity in one of Kamloops' most active corridors. This mixed-use asset combines over 12,000 sq.ft. of leasable area across six commercial units and three residential apartments, delivering stable rental income with inherent long-term growth potential. Situated on nearly 0.75 acres of C6 Arterial Commercial-zoned land, the property supports a variety of uses and future intensification options.
The complex features a reinforced blend of concrete and wood-frame construction, complementing its functional layouts, ceiling heights of 8’–16’, and ease of access for both pedestrian and service traffic. Current tenants represent a diversified mix including retail, office, service, and light industrial uses. Ongoing maintenance and improvements underscore its income stability.
Positioned along West Victoria Street, a high-traffic arterial connecting major city districts, the property enjoys extensive visibility and convenient proximity to Kamloops’ downtown core, City Hall, Thompson Rivers University, and the Thompson River waterfront. This corridor continues to attract significant revitalization and commercial activity, reinforcing the property’s strategic relevance. With a combination of immediate revenue and promising redevelopment potential, 281 Victoria Street W stands as an exceptional acquisition for investors seeking a well-located asset with built-in upside.