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100 KOOTENAY Street N
Cranbrook British Columbia V1C3T9 Canada

$249,900

Active Listing ID 10329518
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Vacant Land

$249,900

Active Listing ID 10329518
Save

100 KOOTENAY Street N This prime 8, 520 sq ft C-1 Commercial property is a lucrative investment with built-in revenue. Currently leased to Pet Valu, the site generates $19, 170 annually on a triple net basis, with all taxes and expenses covered by the tenant. The lease includes options to extend through 2036, with annual rent reaching up to $23, 430 in the final term. Strategically located, the property serves as parking for the neighboring Total Pet store and boasts exceptional potential for future development. Recent zoning changes now allow up to 180 units per hectare, unlocking even greater possibilities. Secure this income-producing property today and capitalize on Cranbrook’s thriving commercial hub. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Vacant Land
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 11/29/2024 7:05:52 PM GMT
Source Updated Date: 12/3/2024 11:47:44 PM GMT

Courtesy of: Kayla Argatoff, , RE/MAX Blue Sky Realty