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4141 54 St SE 20,743 SF Industrial Building Salmon Arm, BC V1E 3P8 $2,600,000 CAD ($125.34 CAD/SF) 10.29% Cap Rate



Investment Highlights
- Purpose-built cold-chain facility with coolers, freezers, and loading dock — priced at $125/SF vs Kelowna $299-$410/SF
- 5-year tax exemption available; adjacent 3-acre M-1 expansion parcel also for sale
- Zest Food Hub at full capacity with waiting list — proven unmet demand for processing space in the Shuswap
Executive Summary
Purpose-built food processing and cold-chain facility on approximately 2.0 acres of M-4 (Abattoir Zone) industrial land in Salmon Arm, BC. The property includes approximately 20,742 SF of total building area with existing coolers, freezers, a loading dock, and a permitted ~6,000 SF addition (2017) constructed specifically for food processing operations. Over $100,000 has been invested in upgraded electrical power lines. Municipal gas and water services are in place. Salmon Arm is a recognized hub for food and beverage manufacturing — the Thompson Okanagan and Shuswap region accounts for 16% of BC's total food and beverage manufacturing output, with local employment in the sector running 3x the Canadian national average. The Zest Commercial Food Hub, opened in 2021 with BC government backing, reached full occupancy within months and maintains an active waiting list — a clear signal of unmet demand for processing infrastructure in the region. Priced at $125/SF — significantly below comparable industrial markets in the BC Interior (Kelowna $299–$410/SF, Kamloops $177–$215/SF). Buyer pro forma and iGUIDE measurement report available upon request.
Property Facts
Amenities
- 24 Hour Access
- Cooler
- Floor Drains
- Front Loading
- Storage Space
- Smoke Detector
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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Presented by
Stuart Wallensteen PREC*
4141 54 St SE
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