Invermere Commercial Properties for Sale

Commercial Real Estate in Invermere available for sale

Invermere Commercial Property for Sale

4912 Athalmer Rd

Invermere, BC V0A 1K3

Land for Sale
$12,800,000 CAD
9.94 AC Lot

Invermere Land for Sale

Nestled between the Rocky and Purcell Mountain ranges, Invermere is in the heart of the Columbia Valley and East Kootenay Regional District. The Offering is the perfect opportunity for a savvy, lifestylefocused entrepreneur to invest in a desirable recreational paradise, benefitting from highly sought-after seasonal destinations, including Windermere Lake, Panorama Ski Resort, world-class golf courses, and an array of outdoor recreation. Alternatively, the Offering is well-suited for private investors seeking a stable, carefree income stream with development upside or end-users seeking development land with existing rental income in a desirable and growing marketplace. The Offering is a singular 10-acre parcel consisting of two phases with future subdivision potential. The first phase was completed in 2023 and includes three standalone retail pads over approximately three acres, and 100% leased to global and national corporate covenant retailers on long-term, carefree, triple-net (“NNN”) leases. The balance of the Offering (Phase Two) is a seven-acre, fully-serviced commercial development site with attractive permitted land uses, including retail, light industrial, self-storage, and hospitality. Phase Two also features a flexible month-to-month tenancy with CS McLean Contracting Ltd., a well-known local excavation company, providing substantial holding income during development planning.