755 Mcgill Rd - Apartments CONDO FOR SALE


Kamloops, BC V2C 0B6
$599,900 CAD
250-299-1267

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$599,900 CAD
Apartments CONDO - FOR SALE
null | Request Cap Rate

755 Mcgill Rd
Kamloops, BC V2C 0B6


HIGHLIGHTS

  • Retail strata property situated in the busy Sahali neighborhood along McGill Road.
  • High-visibility location with steady pedestrian flow and nearby national retailers.
  • Close to Thompson Rivers University and major shopping nodes, including grocery.
  • Strong transportation access supported by main roadways and surrounding mixed-use density.
  • Established tenant in place, providing income stability from day one.
  • Located within a professionally managed strata development, supporting ease of ownership.

OVERVIEW

This retail condominium at Landmark Center offers investors a valuable foothold in one of Kamloops’ highest-demand retail corridors. The 1,210 sq ft space features a contemporary retail layout with strong frontage and is strategically positioned near Thompson Rivers University, major shopping destinations, Superstore, and several anchor retailers—all contributing to consistent pedestrian and vehicular traffic. Located in Sahali, a key business and retail district, the property benefits from direct access to major transportation routes and strong surrounding demographics. Currently leased to an established tenant at a negotiable $25.00 per sq ft, the property delivers immediate, stabilized cash flow. The strata structure ensures professional maintenance and shared amenities for enhanced operational efficiency. With limited comparable opportunities in this vibrant commercial hub and ongoing regional growth, this asset presents compelling long-term upside for portfolio expansion or first-time commercial investors.

FOR SALE DETAILS

PRICE

$599,900 CAD

PRICE/SF

$496 CAD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

40,524 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

CD-2

APN/PARCEL ID

029-525-985

ASK ABOUT THIS PROPERTY

Quinn PacheStonehaus Realty CorpMore Info
250-299-1267

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Quinn PacheStonehaus Realty CorpMore Info
250-299-1267

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