This is a Share sale offering which includes the following assets; land and buildings at 60 Vicars Road; 4.34 Acres of industrial land zoned I-1 (light industrial)legally described as Lot C, dist lot 235, KDYD, Plan KAP9090 except plans 10636, 15909 and 19711; PID 009-743-367; Main Structure is a good quality pre-cast concrete industrial shop and high quality office +/-17,600 sq ft. second structure is a one storey concrete block detached shop building +/- 3630 sq ft. The main building has loading docks,roof replaced in 2016 SBS membrane, six new overhead doors in 2016, phase 1 environmental done in 2018.There are two overhead cranes both certified one is 6.5 ton the other is 7.5 ton. Wash bay, air circulation system and more. There are currently four tenants with an approximate annual net income of just over $273,000:More details
Proposed
Portion of 610 Columbia Street West, Kamloops, BC
Current property is a motel in high profile Sahali area, current zone C-3, site size 86,990 sq ft
SUMMARY OF proposal: proposal is to subdivide a portion of the parent property at 610 Columbia Street with development potential as follows
Asking Price; $2,400,000 for proposed site ; 25,378 sq ft +/1
• Re Zone property to C-6
• Site size proposed as 25,378 sq ft vacant site
• Potential development plans for the vacant site to include;
-61 parking stalls
-40 strata residential units comprised of 8 one bedroom units and 32 two bedroom units on four levels;(levels 2,3,4,5)
-3 commercial strata units on level one and also one amenity room
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The remainder portion with motel (proposed 78 units) could also be available to purchase as well; financial statements of current operation could be available to qualified buyers. Asking price $6,400,000More details
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