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351-391 Hudson St NW 26,725 SF 79% Leased Office Building Salmon Arm, BC V1E 2S1 $4,500,000 CAD ($168.38 CAD/SF)

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Investment Highlights

  • Located in downtown Salmon Arm
  • Strong tenant mix
  • National Bank for an anchor tenant

Executive Summary

Andover Place is a national bank anchored, centrally located, mixed use office building in the heart of downtown Salmon Arm. The offering consists of three contiguous multi-tenanted commercial buildings with an aggregate leasable area of approximately 39,152 SF. The buildings sit on +/- 0.556 acres of C2 zoned land with 22 open and 14 covered parking stalls. Immediate and future upside in the lease rates with strong mix of national, regional, and local tenancies will produce steady income and increase in returns for years to come.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
26,725 SF
Building Class
B
Year Built
2008
Price
$4,500,000 CAD
Price Per SF
$168.38 CAD
Percent Leased
79%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,908 SF
Zoning
C-2 - Town Centre Commercial

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste A
  • 3,680 SF
  • Office/Retail
  • Full Build-Out
  • Now

Approximately 3,680 SF, this unit is on the lower level of the building and accessed through the rear of the building. Street front access with stairs is also available with signage opportunities. This unit comes with 2-4 offices, a large open area, boardroom, small kitchenette, storage space, and 2 in-suite washrooms. Available immediately.

  • 3rd Fl-Ste 320
  • 1,956 SF
  • Office
  • Full Build-Out
  • Now

Approximately 1,956 SF, the unit has an open layout, an abundance of natural light, and ready for fixturing. It includes an suite washroom, and an excellent signage exposure opporunity. Onsite parking and elevator access to accommodate staff and clients. Available immediately.

Space Size Space Use Condition Available
1st Fl-Ste A 3,680 SF Office/Retail Full Build-Out Now
3rd Fl-Ste 320 1,956 SF Office Full Build-Out Now

1st Fl-Ste A

Size
3,680 SF
Space Use
Office/Retail
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 320

Size
1,956 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste A

Size 3,680 SF
Space Use Office/Retail
Condition Full Build-Out
Available Now

Approximately 3,680 SF, this unit is on the lower level of the building and accessed through the rear of the building. Street front access with stairs is also available with signage opportunities. This unit comes with 2-4 offices, a large open area, boardroom, small kitchenette, storage space, and 2 in-suite washrooms. Available immediately.

3rd Fl-Ste 320

Size 1,956 SF
Space Use Office
Condition Full Build-Out
Available Now

Approximately 1,956 SF, the unit has an open layout, an abundance of natural light, and ready for fixturing. It includes an suite washroom, and an excellent signage exposure opporunity. Onsite parking and elevator access to accommodate staff and clients. Available immediately.

Walk Score®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 33993315

  • Date on Market: 2024-11-25

  • Last Updated:

  • Address: 351-391 Hudson St NW, Salmon Arm, BC V1E 2S1

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