Vacant Land
5755 Mellor Frontage Road
SE Salmon Arm, Salmon Arm, BC
MLS® 10386715 · 120 days on market
$2,295,000
4 acres
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
6°
Friday
20°
Friday night
8°
Source: Environment and Climate Change Canada.
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