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24 10th Avenue, Cranbrook, BC, V1C 2M8

MLS® # 10371283
Commercial For Sale In Cranbrook, British Columbia
$499,900

None Beds

24 10Th Avenue, Cranbrook, BC
24 10Th Avenue, Cranbrook, BC
24 10Th Avenue, Cranbrook, BC
24 10Th Avenue, Cranbrook, BC
24 10Th Avenue, Cranbrook, BC
24 10Th Avenue, Cranbrook, BC
24 10Th Avenue, Cranbrook, BC
24 10Th Avenue, Cranbrook, BC
24 10Th Avenue, Cranbrook, BC
24 10Th Avenue, Cranbrook, BC
24 10Th Avenue, Cranbrook, BC
24 10Th Avenue, Cranbrook, BC
24 10Th Avenue, Cranbrook, BC
24 10Th Avenue, Cranbrook, BC
24 10Th Avenue, Cranbrook, BC
24 10Th Avenue, Cranbrook, BC
24 10Th Avenue, Cranbrook, BC
24 10Th Avenue, Cranbrook, BC
24 10Th Avenue, Cranbrook, BC
24 10Th Avenue, Cranbrook, BC
24 10Th Avenue, Cranbrook, BC
24 10Th Avenue, Cranbrook, BC
24 10Th Avenue, Cranbrook, BC
24 10Th Avenue, Cranbrook, BC
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24 10th Avenue, Cranbrook, BC, V1C 2M8
$499,900

Property Information:

Located in the heart of Downtown Cranbrook, this commercial investment property offers a solid opportunity with long-term tenants and established businesses already in place. The building generates a cap rate of over 7%, providing dependable income for an investor. The property features two retail units, each with additional storage space at the rear, making them practical and functional for a variety of uses. With excellent exposure, steady foot traffic, and a central downtown location, this is a strong, stable investment. A great chance to own a revenue-producing property and a piece of Cranbrook’s downtown history.

Property Features:

  • Built in: 1953
  • Construction Materials: Metal Siding, Stucco, Wood Frame
  • Heating: Separate Units
  • Lot Size: 6100.00 Square Feet
  • Parking Features: Attached, Garage
  • Roof: Metal, Other
  • Water Source: Public
  • Sewer: Public Sewer

This listing content provided by Association of Interior REALTORS.

Location of 24 10th Avenue, Cranbrook, BC, V1C 2M8

Demographic Information of 24 10th Avenue, Cranbrook, BC, V1C 2M8

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$97,212.85

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.45 %

High school certificate or equivalent

35.62 %

Apprenticeship trade certificate/diploma

10.54 %

College/non-university certificate

21.49 %

University certificate (below bachelor)

1.94 %

University Degree

9.95 %

Commuter

Travel To Work

By Car

85.73 %

By Public Transit

0.76 %

By Walking

13.11 %

By Bicycle

0.4 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

20.96 %

Houses

79.04 %

Own Vs. Rent