281 Victoria St W - Storefront FOR SALE


Kamloops, BC V2C 1A5
$3,475,000 CAD
250-318-1366

NO PHOTO

$3,475,000 CAD
Storefront - FOR SALE
null | Request Cap Rate

281 Victoria St W
Kamloops, BC V2C 1A5


HIGHLIGHTS

  • Over 12,000 sq.ft. of income-generating commercial and residential space on a 0.72-acre site.
  • Occupied by a mix of retail, office, service, and light industrial users.
  • Flexible C6 Arterial Commercial zoning allowing a range of future redevelopment options.
  • Strong exposure along a major traffic corridor near downtown Kamloops and civic amenities.
  • Easy access for customers and service vehicles with on-site parking.
  • Ongoing upgrades contribute to long-term performance and operational efficiency.

OVERVIEW

281 Victoria Street W presents a rare investment and redevelopment opportunity in one of Kamloops' most active corridors. This mixed-use asset combines over 12,000 sq.ft. of leasable area across six commercial units and three residential apartments, delivering stable rental income with inherent long-term growth potential. Situated on nearly 0.75 acres of C6 Arterial Commercial-zoned land, the property supports a variety of uses and future intensification options. The complex features a reinforced blend of concrete and wood-frame construction, complementing its functional layouts, ceiling heights of 8’–16’, and ease of access for both pedestrian and service traffic. Current tenants represent a diversified mix including retail, office, service, and light industrial uses. Ongoing maintenance and improvements underscore its income stability. Positioned along West Victoria Street, a high-traffic arterial connecting major city districts, the property enjoys extensive visibility and convenient proximity to Kamloops’ downtown core, City Hall, Thompson Rivers University, and the Thompson River waterfront. This corridor continues to attract significant revitalization and commercial activity, reinforcing the property’s strategic relevance. With a combination of immediate revenue and promising redevelopment potential, 281 Victoria Street W stands as an exceptional acquisition for investors seeking a well-located asset with built-in upside.

FOR SALE DETAILS

PRICE

$3,475,000 CAD

PRICE/SF

$290 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

C6 Arterial Commercial

APN/PARCEL ID

009-919-961

ASK ABOUT THIS PROPERTY

David LawrenceRoyal LePage WestwinMore Info
250-318-1366

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David LawrenceRoyal LePage WestwinMore Info
250-318-1366

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.