903 Raffan Road. Armstrong, British Columbia V0E1B7

$7,000,000

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Down Payment: Monthly Payment:
  • 9,184 SqFt
  • $762.20 / SqFt
  • Neighbourhood: Armstrong/ Spall.
  • HOA: N/a
  • MLS® #: 10357718
  • Year Built: 1979

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Description

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:6289)

903 Raffan Road - Subdivision Statistics

Avg. asking price $1,770,861
Price per sq. ft. $710
Median price $834,000
Number of homes for sale in Armstrong/ Spall. 76
Number of homes for sale in Armstrong 53
Avg. Days on Market N/A

Essential Information

  • Listing #10357718
  • Price$7,000,000
  • Bathrooms0.00
  • Square Footage9,184
  • Acres7.72
  • Year Built1979
  • TypeBusiness
  • Sub-TypeOther

Amenities

  • AmenitiesGolf Nearby, Recreation
  • FeaturesLevel lot, Irregular lot size

Heating

Electric Baseboard heaters, Radiant/Infra-red Heat

Community Information

  • Address903 Raffan Road
  • SubdivisionArmstrong/ Spall.
  • CityArmstrong
  • ProvinceBritish Columbia
  • Postal CodeV0E1B7

Interior

  • Interior FeaturesDrywall

Exterior

  • ExteriorMetal
  • Exterior FeaturesLevel
  • Lot DescriptionLevel lot, Irregular lot size
  • RoofMetal
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Request a showing of 903 Raffan Road, a 0 bedroom, 0.00 bathroom Other in Armstrong/ Spall., Armstrong. Built in 1979 and approximately 9,184 square feet in size, MLS #10357718 is currently listed for $7,000,000. To schedule a property tour, contact us at KelownaHomes.ca