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502 Cranbrook Street, Cranbrook, BC, V1C 3R6

MLS® # 10374937
new listing
Commercial For Sale In Cranbrook, British Columbia
$1,399,900

None Beds

502 Cranbrook Street, Cranbrook, BC
502 Cranbrook Street, Cranbrook, BC
502 Cranbrook Street, Cranbrook, BC
502 Cranbrook Street, Cranbrook, BC
502 Cranbrook Street, Cranbrook, BC
502 Cranbrook Street, Cranbrook, BC
502 Cranbrook Street, Cranbrook, BC
502 Cranbrook Street, Cranbrook, BC
502 Cranbrook Street, Cranbrook, BC
502 Cranbrook Street, Cranbrook, BC
502 Cranbrook Street, Cranbrook, BC
502 Cranbrook Street, Cranbrook, BC
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502 Cranbrook Street, Cranbrook, BC, V1C 3R6
$1,399,900

Property Information:

Fully leased with strong income. Great Investment Opportunity in Prime Location. Seize this exceptional investment opportunity with a centrally located commercial property offering 3 retail units in a high-traffic area. With over 6600 sq ft of versatile space, this well-maintained building is currently fully leased, ensuring immediate rental income for investors. Boasting high visibility, ample parking, and convenient access both from the bustling main strip and a secondary road in the rear, this property is ideally positioned for steady foot traffic. The location, along with its excellent condition, makes it a smart choice for any investor seeking a solid return. Don’t miss out on this prime retail investment!

Property Features:

  • Annual Tax Amount: $35,746
  • Built in: 1971
  • Community Features: Shopping
  • Construction Materials: Block, Stucco, Wood Frame
  • Cooling: Other
  • Heating: Forced Air, Separate Units
  • Lot Size: 24255.00 Square Feet
  • Parking Features: Additional Parking, Rear/Side/Off Street
  • Roof: Metal
  • Utilities: Electricity Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Sewer: Public Sewer

This listing content provided by Association of Interior REALTORS.

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Market Price Trends

Single family detached

-2.15%

Price change (1 year)

43.63%

Price change (5 years)

All Properties

-2.15%

Price change (1 year)

43.63%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 502 Cranbrook Street, Cranbrook, BC, V1C 3R6

Demographic Information of 502 Cranbrook Street, Cranbrook, BC, V1C 3R6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$85,065.02

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.15 %

High school certificate or equivalent

34.31 %

Apprenticeship trade certificate/diploma

9.54 %

College/non-university certificate

23.12 %

University certificate (below bachelor)

0.41 %

University Degree

12.48 %

Commuter

Travel To Work

By Car

80.66 %

By Public Transit

0.0 %

By Walking

16.5 %

By Bicycle

0.0 %

By Other Methods

2.84 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

34.84 %

Houses

65.16 %

Own Vs. Rent

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