Commercial Properties for Sale in Salmon Arm

Salmon Arm Office for Sale

The site is fully utilized and developed with a circa 1988 2 storey retail/office building situated on one legal parcel with an indicated aggregate rentable area of +/- 20,970 SQFT (+/- 10,389 sq. ft. main and +/- 10,581 SQFT upper). The following offers a brief description of some of the basic materials of construction and building features of the subject improvements.

Date on Market:

2025-07-07

Salmon Arm Retail for Sale

The Offering: Jones Lang LaSalle Real Estate Services, Inc. (“JLL” or the “Advisor”) has been retained on an exclusive basis to arrange the sale of a 100% freehold interest in 3 contiguous retail strata units at #1,2,3 – 270 Hudson Avenue Northeast (the “Property” and/or “Offering”). The Offering represents a rare opportunity to acquire 9,544 sf of centrally located strata retail area on a long-term triple-net lease to one of Canada’s largest community-focused pharmacy operators, Neighbourly Pharmacy. Investment Highlights: • Amenity-rich and central location in Downtown Salmon Arm, at the crossroads of Hudson Avenue Northeast and Ross Street Northeast • Attractive WALT of 10.8 years (as of April 1, 2025) to a Pharmasave banner owned by Neighbourly Pharmacy, Canada’s largest community-focused pharmacy operator with over 290 locations across Canada • Care-free triple net lease structure with multiple rental rate escalations remaining.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-04-10

Salmon Arm Industrial for Sale

Verstaile C-3 Zoned Site with Development Potential

Property Subtype:

Warehouse

Date on Market:

2025-07-15

Salmon Arm Land for Sale

Property Subtype:

Commercial

Date on Market:

2024-11-05