4,780 sqft

$1,598,888

Excellent redevelopment opportunity along the highly visible Tranquille corridor. This centrally located mixed-use property is fully tenanted and consists of two street-front commercial units with three residential units above, offering immediate holding income. The building provides approximately 4,780 sq. ft. of gross leasable area (approximately 5,000 sq. ft. total) and sits on an 11,819 sq. ft. parcel with access from both Tranquille Road and Hilltop Avenue. Zoned CNS, the property allows for a wide range of future redevelopment options including mixed-use commercial/residential, hotel, office, and retail uses. Current commercial leases in place providing flexibility for future planning. Municipal tax incentives are available for qualifying redevelopment projects. Located in an area undergoing significant revitalization, this property presents a rare opportunity to secure a strategic asset on the North Shore with strong long-term upside. Ideal for investors or developers seeking income today with redevelopment potential tomorrow. (id:64133)

• Property Details
• Building
• Land
• Rooms
• Utilities

• Property Details

  MLS® Number	10372620
  Property Type	Other
  Neigbourhood	North Kamloops
  ParkingSpaceTotal	14

• Building

  Size Interior	4,780 Sqft
  Type	Other
  Utility Water	Municipal Water

  Parking

  Rear

• Land

  Acreage	No
  Sewer	Municipal Sewage System
  Size Irregular	0.27
  Size Total	0.27 Ac|under 1 Acre
  Size Total Text	0.27 Ac|under 1 Acre