903 Raffan Road Armstrong, British Columbia V0E 1B7

9,184 ft2
Baseboard Heaters, Radiant/infra-Red Heat Acreage Level

$7,000,000

Prime 7.721 acres of C4 zoned property on Highway 97 between Armstrong BC and Vernon BC. Excellent highway visibility and easy access off of Otter Lake Cross Road roundabout. Approximately 830 feet of Highway Frontage/Exposure! Currently tenanted until July 2027 at over 8% CAP rate(over next two years.). C4 zoning offers numerous business opportunities and potential through Spallumcheen to change zoning to I1(buyer to their perform due diligence). Property and building have had many recent upgrades. Yard has been levelled and extra gravel added to its base. Building has been re-sided with metal siding and a new roofing structure has been added. All 2000 + square feet of office space has been updated. Office space includes reception, kitchen, 5 offices and 2 bathrooms. Additionally, 2 more offices off the first warehouse space. 2 large warehouse spaces with 20+ foot ceilings, ideal for storage or maintenance on large vehicles. Building square footage is based off of mapping software and buyer should do their own measurements. (id:60329)

Property Details

MLS® Number 10357718
Property Type Business
Neigbourhood Armstrong/ Spall.
Amenities Near By Golf Nearby, Recreation
Community Features High Traffic Area
Features Level Lot, Irregular Lot Size

Building

Constructed Date 1979
Exterior Finish Metal
Heating Fuel Electric
Heating Type Baseboard Heaters, Radiant/infra-red Heat
Roof Material Metal
Roof Style Unknown
Size Interior 9,184 Ft2
Type Other
Utility Water Private Utility

Land

Access Type Easy Access, Highway Access
Acreage Yes
Land Amenities Golf Nearby, Recreation
Landscape Features Level
Sewer Septic Tank
Size Frontage 836 Ft
Size Irregular 7.72
Size Total 7.72 Ac|5 - 10 Acres
Size Total Text 7.72 Ac|5 - 10 Acres
Zoning Type Unknown

https://www.realtor.ca/real-estate/28676070/903-raffan-road-armstrong-armstrong-spall

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