Developers R-10 zoning, potential for main level commercial with 5 levels of residential above, listing has 2 legal lots for a total of .23 acres 2500+ sq.ft home with 2 bedrooms on the main floor and a two bedroom non-conforming suite above, useable basement for storage or rec room, home has gas fireplace, some wood floors, big bright windows, unique design, workshop area, large treed yard, Close to City Center. Lake and mtn views on upper floors. Potential for commercial, high density residential. Corner lots, short walk to downtown. Great investment property and rental income while you wait to develop. main level rented for $2400 a month plus utilities and the upstairs is still at the reduced rent to a friend for $1000+ utilities but has been as high as $1500 a month (id:44056)

Property Details

Full Address:
320 Okanagan Avenue SE, Salmon Arm, British Columbia
Price:
$ 699,000
MLS Number:
10345252
List Date:
April 28th, 2025
Lot Size:
0.23 ac
Year Built:
1920
Taxes:
$ 3,153

Interior Features

Bedrooms:
4
Bathrooms:
2
Total Rooms:
Flooring:
Wood
Heating:
Forced air, See remarks
Fireplaces:
1
Fireplace Type:
Insert
Basement:
Partial

Building Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Metal, Unknown
Exterior:
Stucco
Garage:
Additional Parking
Garage Spaces:
3
Security:
Smoke Detector Only
Ownership Type:
Freehold
Taxes:
$ 3,153

Floors

Finished Area:
2735 sq.ft.

Land

View:
City view, Lake view, Mountain view, Valley view, View (panoramic)
Lot Size:
0.23 ac
Lot Features:
Level lot, Treed, Corner Site

Neighbourhood Features

Amenities Nearby:
High Traffic Area

Ratings

Commercial Info

Neighbourhood Details

Location

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Gordie Blair B.C. Farm & Ranch Realty Corp.
250-517-0557
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Listing Agent(s)

Lead Agent: Gordie Blair
Office: B.C. Farm & Ranch Realty Corp.
Originating Board: Association of Interior REALTORS®

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