903 Raffan Road Armstrong, British Columbia V0E 1B7
$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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August 05 2025 04:29:26
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