Lot C D Kootenay Street, Cranbrook
- Type: Commercial
- Added: 85 days ago
- Updated: 10 days ago
- Last Checked: 2 hours ago
For sale is a unique opportunity to acquire Jump Property Corp, a British Columbia-registered commercial property corporation. Included in the sale are two prime C-1 Commercial properties in Downtown Cranbrook. Established in 2021, the corporation comes with three years of detailed corporate filings from top accounting firms and a solid operational history, positioning it for continued success. The sale includes an 8,520 sq ft C-1 Commercial development site, currently serving as parking for the neighboring Total Pet store and generating a triple net revenue of $19,170 annually, with Pet Valu covering all taxes and expenses. The lease agreement includes options to extend the lease to 2036 and beyond, with lease amounts capping at $23,430 annually in the final extension term. Additionally, there is a 3,082 sq ft C-1 Commercial development site, paved for parking but currently unleased. This corporation and its assets offer significant investment potential, especially following the City?s recent increase in C-1 zoning density from 80 units per hectare to 180, greatly enhancing development possibilities. (id:1945)
Property DetailsKey information about Lot C D Kootenay Street
- Heating: No heat
- Structure Type: Other
Exterior & Lot FeaturesLearn about the exterior and lot specifics of Lot C D Kootenay Street
- Lot Features: Level lot
- Lot Size Units: acres
- Lot Size Dimensions: 0.27
Location & CommunityUnderstand the neighborhood and community
- Common Interest: Freehold
Tax & Legal InformationGet tax and legal details applicable to Lot C D Kootenay Street
- Zoning: Unknown
- Parcel Number: 013-530-500
- Tax Annual Amount: 4488
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Nearby Listings Stat
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60
Min Price
$99,000
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Avg Price
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Days on Market
84 days
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Min Sold Price
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Max Sold Price
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Avg Sold Price
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Days until Sold
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