1900 - 1902 Theatre Road, Cranbrook BC, Cranbrook

$5,900,000For Sale

OPPORTUNITY

RLK Commercial - Rob Archibald and Stewart Pearson Realty Ltd. - Stewart Pearson are pleased to present the opportunity to purchase a fully leased Industrial property located in the City of Cranbrook, British Columbia. Excellent frontage to Theatre Road, within a well established business sector.

LOCATION

The City of Cranbrook is situated in the Regional District of East Kootenay on the western edge of the Rocky Mountain Trench, in southeastern British Columbia. Located: 852 km east of Vancouver | 301 km west of Lethbridge | 406 km southwest of Calgary | 72 km north of US/ Canada border.


1900 - 1902 Theatre Road, Cranbrook BC, Cranbrook

  • MLS #10282040
  • Lot Size18,632 SF Office | 2508 SF Warehouse | 1150 SF Storage

CIVIC DESCRIPTION

1900 - 1902 Theatre Road, Cranbrook, BC
PID: 017-729-581
Plan: NEP19727, Lot: A, DL: 28 Kootenay District

PROPERTY DETAILS

  • Primary Leased Site 2.405 Acres
  • Additional Adjacent Site 2.487 Acres
  • Fully serviced and level lot in prime development & business sector
  • 22,290 Sqft Rental area:
    • 18,632 SF Office | 2508 SF Warehouse | 1150 SF Storage
  • 2023 Gross Taxes: $105,060

KEY FEATURES

  • Zoned M3 - Heavy Industrial
  • Ideal location, with easy access from South direction off of Highway 95
  • Complementing businesses include Home Depot, Walmart & Real Canadian Superstore
  • Recent renovations and upgrades (2020) include: carpet and resilient flooring have been updated throughout much of the office space. Interior painting, increased number of doors (dividing spaces) , upgrades to washrooms, and a new high efficiency water heater are included in the improvements.
  • Area growth rate of 2.3% with a population of 21,113 and average, annual household income of $80,000