$5,900,000
( $642.42Per Sq Foot )
 $31,672 est/mo Sourced by Back At You

903 Raffan Road,Armstrong, BC V0E1B7

Armstrong, BC V0E1B7

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Description

Prime 7.721 acres of C4 zoned property on Highway 97 between Armstrong BC and Vernon BC. Excellent highway visibility and easy access off of Otter Lake Cross Road roundabout. Approximately 830 feet of Highway Frontage/Exposure! Currently tenanted until July 2030 at over 9.25% CAP rate(over next four years.). C4 zoning offers numerous business opportunities and potential through Spallumcheen to change zoning to I1(buyer to their perform due diligence). Property and building have had many recent upgrades. Yard has been levelled and extra gravel added to its base. Building has been re-sided with metal siding and a new roofing structure has been added. All 2000 + square feet of office space has been updated. Office space includes reception, kitchen, 5 offices and 2 bathrooms. Additionally, 2 more offices off the first warehouse space. 2 large warehouse spaces with 20+ foot ceilings, ideal for storage or maintenance on large vehicles. Building square footage is based off of mapping software and buyer should do their own measurements. (id:13843)

Details

MLS #10399311
Listing TypeFor Sale
StyleOther
StatusActive
Days On Site55
Listing Provided ByOakwyn Realty Okanagan | John Dent

Features

SQ Feet9,184
Acreage7.72

Interior

HeatingBaseboard heaters, Radiant/Infra-red Heat, Electric
Fireplace Yes / NoNo

Exterior

RoofMetal, Unknown
Lot FeaturesLevel lot, Irregular lot size

Utilities

SewerSeptic tank
Water SourcePrivate Utility

Area Information

ProvinceBC
CityArmstrong
Postal CodeV0E1B7
Listing VS Median (in V0E1B7)
Price:
$5,900,000
low | high
Med:
$1,649,000
100% of Average
sqft:
9,184
low | high
Med:
2,433
100% of Average
$ / sqft:
$642
low | high
Med:
$678
44.498554480414% of Average
On site:
55
low | high
Med:
9
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceBC
CityArmstrong
Postal CodeV0E1B7
Listing VS Median (in V0E1B7)
Price:
$5,900,000
low | high
Med:
$1,649,000
100% of Average
sqft:
9,184
low | high
Med:
2,433
100% of Average
$ / sqft:
$642
low | high
Med:
$678
44.498554480414% of Average
On site:
55
low | high
Med:
9
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 1:40:09 AM PDT