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Home BC Greater Kamloops Kamloops Downtown
121 5th Avenue Unit# 406
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121 5th Avenue Unit# 406 $689,800
$689,800
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121 5th Avenue Unit# 406
Kamloops, British Columbia V2C0M1

MLS® Number: 10337337

Listing Description

Attention Investors! Here’s your opportunity to own a hassle-free investment in a stunning new office building located in the heart of Downtown Kamloops. This property comes with the added benefit of a reliable tenant who is already three years into a five-year lease, with an option to renew for an additional five years, providing you with stability and peace of mind. The property offers an attractive holding income with an approximate 5.5% capitalization rate, making it a solid addition to your investment portfolio. The office space itself is beautifully designed and finished, featuring a spacious boardroom, three private offices, and a kitchenette. For added convenience, underground parking is available at an additional cost. Situated in the vibrant and bustling core of Downtown Kamloops, this location is surrounded by amenities, making it an ideal spot for businesses. Don't miss out on this excellent investment opportunity! (38312362)

Property Summary

Property Type
Office
Building Type
Offices
Neighbourhood Name
South Kamloops
Land Size
under 1 acre
Time on REALTOR.ca
31 days

Building

Bathrooms
Partial
0
Building Features
Present Use
Offices

Measurements

Square Footage
1100 sqft

Land

Other Property Information
Zoning Type
Unknown
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6
Marianne DeCotiis