This is an opportunity to acquire a multifamily development site at 1100 Ord Road, Kamloops BC (“The Property”). The Property is made up of a 4.47 acre residential development site in the North Kamloops neighbourhood, specifically at the epicentre between Batchelor Heights, Brocklehurst and Westsyde neighbourhoods. On the Property there is a concrete block warehouse w/ 2 storey office, built circa 2004, featuring approximately 6360sqft and 5 bay doors (currently rented for holding income). There is an approved Development Permit with plans for 344 dwelling units, representing GFA of 233,734sqft over 3 buildings. This opportunity presents a developer the ability to acquire a development site that could be split into phases, or built all at once. The site is ideal for purpose built rentals, in a highly desirable market with limited supply. (id:2493)More details
Exceptional Investment Opportunity! This value-packed combination of residential and commercial real estate offers stable returns of consistent revenue with strong potential for increased revenue over time. A modern, well maintained commercial structure, occupied by an established professional services tenant includes a flexible bachelor style residential space and is complimented by a detached residential building featuring 5 self-contained two bedroom rancher-style appartments. Each residential unit includes private outdoor yard spaces and an on-site parking lot serves the needs of both the residential and commercial tenants. Excellent commercial access to Columbia Avenue's service/commercial corridor is complimented by a peaceful setting accessible from 11th Avenue to the property's rear yelding an ideal mix of business exposure and residential enjoyment. The residential rental units are highly sought-after attracting longe term mature tenants seeking single level living in a peaceful locale with the convenience of shopping, services, parks, schools, public transit and more being just steps away. Storage units and shared coin-op laundry have been provided and the grounds are auto-irrigated for easy maintenance. Take the time to explore all that is included in this remarkable and unique offering in the growing community of Castlegar! (id:2493)More details
Data was last updated April 25, 2026 at 07:45 PM (UTC)
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