SOLD
231 Andover Cres | $1,980,000
KADREA Out Of Board Agent Agent Photo
DENIER, ROB
BUSINESS FINDERS CANADA

BC
Canada
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Data Source: Statistics Canada
%
Years (35 year max)
Years



Address 231 Andover Cres
AreaKamloops
Sub AreaDallas
State/ProvinceBritish Columbia
CountryCanada
Price$1,980,000
Property TypeBuilding and Land
Lot Size2.76 Acres
Taxes $17,264
Tax Year2018
MLS® #149631

Valuable commercial/industrial investment property in Kamloops w/ Excellent Trans Canada Hwy frontage. This is a phenomenal opportunity to purchase this profitable real estate asset generating a 7% cap rate. This property has a long-term lease in place. All taxes & expenses are paid by the tenant who operates a successful RV & mini storage business. The main building on the property is 2 stories w/ a full basement. Each floor is 1500 sq ft. w/ the top floor consisting of two apartments, a 1 bdrm & 2 bdrm both have AC. The main ground floor has 2 office complexes each w/ separate entrances. The first has 2 offices, a larger boardroom & bathroom. The second has 2 offices, bathroom & storage room. Both have AC. The basement level has another office complex w/ 4 offices, boardroom & bathroom. It has a separate entrance off the back. At the back of the mini storage building, 2 of the storage rental units were made into a single heated 'office'.

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