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

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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.