Stand-alone commercial building and .58 acres of land for sale - 229 Victoria Street W,

Kamloops, BC V2C 2A1

Kamloops
FOR SALE
Property Type:
Industrial
Amount:
$1,880,000
Cap Rate:
0.00%
Last Verified:
May 28, 2024

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Stand-alone commercial building and .58 acres of land for sale in the high exposure area of Victoria Street West in downtown Kamloops. Single storey building of approx. 5,034 SF with 7 grade level bays, 3 double bays with large overhead doors and 1 bay with a single overhead door. Retail area with waiting room, office, staff room, 2 washrooms - one with a shower and laundry facilities, and a small mezzanine area for storage. Rear yard behind building is fully fenced with security fencing and a rolling gate. Outstanding opportunity for highly visible fascia and pylon signage. Flexible C6 – Arterial Commercial zoning. Ideally suited for an auto-service use or for a commercial investor or an owner-occupier.

Map of Kamloops, BC, V2C 2A1, CA

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.