Vacant Land

5755 Mellor Frontage Road

SE Salmon Arm, Salmon Arm, BC

MLS® 10386715 · 120 days on market

$2,295,000

4 acres

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Description

4 acre commercial property on frontage road off Highway 97B, with great highway exposure. Property includes approximately 16,000 square feet of buildings, used for storage, retail, workshops, and warehouse. Currently has gross revenue of $5,600 per month with lots of potential. Tremendous opportunity renovate buildings and add to income or develop this level 4 acre property with great highway exposure. Zoned HC Highway commercial allows for Mini Storage, manufacturing, service station, restaurant and a variety of other uses. There is no building permit or Development permit required to develop this property you can just start to build and develop within the zoning. High traffic exposure, great location and tons of potential. (id:63159)

Property Details

Property & Lot

Sub-type
Other
Lot size
4 acres
Title
Freehold

Building & Utilities

Water source
Well
Sewer
Septic tank
Utilities
Natural Gas, Electricity, Telephone
Parcel ID (PID)
005-960-916
Annual property tax
$3,944
Brokerage
Homelife Salmon Arm Realty.Com

Location Insights

Population

19,432

(2021 Census)

+9.7% since 2016

Density
125.2/km²
Dwellings
8,517
Median household income
$75,000
After-tax
$68,000
Immigrant population
10.2%

Top countries of origin

  • United Kingdom2.4% · 460
  • United States of America1.1% · 210
  • Germany0.9% · 170
  • Netherlands0.7% · 145
  • Philippines0.7% · 140
  • Poland0.3% · 55
  • China0.3% · 55
  • India0.3% · 50

Source: Statistics Canada, 2021 Census of Population.

Weather

24°C

Humidity 53%

Wind NNE 6 km/h

Today

24°

Tonight

14°

Thursday

22°

Thursday night

Friday

20°

Friday night

Source: Environment and Climate Change Canada.

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