Industrial for Sale — Cranbrook South, Cranbrook, BC
$6,000,000
1479 Theatre Road, Cranbrook, BC V1C7G3
Property details
Structured details
- Ownership
- Freehold
- Annual property tax
- $169,167
- Lot dimensions
- 94.65
- Structure type
- Other
- Current use
- Industrial
- Parcel ID (PID)
- 024-959-804
Listing Information
- MLS®
- 10385098
- Listed
- May 5, 2026
- Time on market
- 132 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Rare opportunity to acquire the largest single industrial land holding in Cranbrook, comprising approximately 95 acres in a supply-constrained market where assets of this scale rarely come available. The property generates lease income from multiple leases totaling approximately $272,000 annually, providing holding income while future development or repositioning is considered. Improvements include a 47,000 SF former finger-joint manufacturing facility with 22–25 ft clear heights (vacant), a 7,500 SF four-bay warehouse (tenanted), and a ~15,000 SF lumber storage shed. The site features frontage along the Canadian Pacific Railway, multiple north and south access points, and dual M2 and M3 zoning permitting a wide range of industrial uses including manufacturing, warehousing, distribution, and logistics. Strategically located with direct access to Highway 3, proximity to the U.S. border, and connectivity to the Canadian Rockies International Airport, this offering combines scale, income, and location in a sought-after industrial node. Cranbrook serves as the East Kootenay’s commercial and logistics hub for a trade area of approximately 100,000 people, supported by daily rail service, 330,000+ freight truck movements annually, and regular air service to Calgary, Vancouver, and Kelowna. This is a Court-Ordered sale, offering purchasers multiple exciting opportunities, including manufacturing use, repositioning of improvements, rail reconnection, and future industrial development. (id:63159)
Financing calculator
Estimate your monthly payment on the $6,000,000 asking price.
Financing details
- Monthly debt service
- $58,237
- Cash required at close
- $1,225,000
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
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Location
Local market size (Cranbrook)
- Population
- 20,499(+2.3% since 2016)
- Population density
- 641.2/km²
- Median household income
- $80,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 14.5%
- Postsecondary below bachelor's
- 36.5%
- High school diploma
- 33.4%
- No certificate/diploma
- 15.6%
Population aged 15 and over.
Commute
- Car, truck or van
- 87.3%
- Public transit
- 0.8%
- Walked
- 9.1%
- Bicycle
- 1.0%
- Other
- 1.8%
Commute duration
- Under 15 min
- 67.9%
- 15–29 min
- 15.6%
- 30–44 min
- 6.0%
- 45–59 min
- 3.4%
- 60+ min
- 7.1%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- East Side Mario's595m
- ABC Country Restaurant596m
- Boston Pizza644m
- Mr Mikes · 1028 Cranbrook Street North766m
- Apollo Greek Restaurant777m
Cafes (2)
- Starbucks539m
- Tim Hortons647m
Grocery (2)
- Real Canadian Superstore508m
- Bulk Barn752m
Shopping (5+)
- Unnamed689m
- Walmart · 2100 Willowbrook Drive693m
- Unnamed742m
- Tamarack Centre768m
- Canadian Tire769m
Pharmacies (2)
- Walmart Pharmacy · 2100 Willowbrook Drive658m
- Shoppers Drug Mart754m
Nearby places data: © OpenStreetMap contributors.
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All in Cranbrook →Frequently asked questions
What is the asking price for this business?
The asking price is $6,000,000.
Where is this business located?
This listing is located in Cranbrook, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.