SOLD (31/03/2021)

526 13TH STREET

Retail For Sale in Invermere, British Columbia

$1,150,000
*Amazing downtown Invermere opportunity! *Current income with future upside potential! Approximately 9,200 square feet of main floor commercial space (with partial basements) is presently divided into three spaces. One 3000 sq. ft. (plus basement) space is leased to a local company. A second approximately 2000 sq. ft. (plus basement) space is leased to a TRIPLE AAA national tenant. The centre space is currently vacant and offers approximately 4200 square feet of main floor space, and approximately 2000 square feet of basement space. With two excellent tenants in place with strong and profitable lease rates, the building produces a strong cash-flow but the real upside potential is to bring some creative ideas to the vacant centre space. Whether it is operating your own business or further dividing the space, the potential is only limited by your imagination. Although the owner is motivated to sell, they would also consider lease options for the vacant space. Invermere & the Columbia Valley are busy, with many people feeling much safer and happier in the rural climate. Escape the city and make a forward thinking investment decision in a positive and dynamic community! Contact your REALTOR(R) to fill out a non-disclosure agreement and receive an information package. (id:4069)
Address 526 13TH STREET
List Price $1,200,000
Sold Price $1,150,000
Sold Date 31/03/2021
Property Type Retail
Area British Columbia
Sub-Area Invermere
MLS® Number 2453164
Listing Brokerage Royal LePage Rockies West
Postal Code V0A1K0