Hospitality for Sale — NW Salmon Arm, Salmon Arm, BC
$958,000
21 & 61 Shuswap Street NW, Salmon Arm, BC V1E4N7
Property details
Structured details
- Lot dimensions
- 0.27
- Structure type
- Other
- Parcel ID (PID)
- 011-047-534
- Parking
- 16 spaces
- Water source
- Municipal water
- Sewer
- Municipal sewage system
- Cooling
- Central air conditioning
- Roof
- Other, Unknown
- Fencing
- Not fenced
Listing Information
- MLS®
- 10373348
- Listed
- January 20, 2026
- Time on market
- 237 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
RARE PRIME CORNER OPPORTUNITY – DOWNTOWN SALMON ARM! This is your chance to own one of the most sought-after commercial locations in the heart of Salmon Arm! Situated at a high-traffic intersection on the Trans Canada Highway and Shuswap Street, this high-visibility corner property offers exceptional exposure to both vehicle and pedestrian traffic — ideal for any business looking to maximize its presence. Zoned for commercial use and spanning two separately titled lots, this property boasts over 11,000 sq ft of land and approximately 15+ dedicated parking spaces with direct access from both major roads. This is a true gem in the bustling downtown core, just steps from shops, services, and the waterfront — making it an unbeatable location for both investors and entrepreneurs. Currently leased to a successful restaurant (equipment and furnishings owned by tenant), this property provides immediate income potential with long-term flexibility for redevelopment or repurposing. Whether you're looking to expand your commercial portfolio or secure a flagship location in one of BC’s fastest-growing communities, this offering delivers on visibility, location, and opportunity. (id:63159)
Financing calculator
Estimate your monthly payment on the $958,000 asking price.
Financing details
- Monthly debt service
- $9,299
- Cash required at close
- $216,600
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Salmon Arm)
- Population
- 19,432(+9.7% since 2016)
- Population density
- 125.2/km²
- Median household income
- $75,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 18.7%
- Postsecondary below bachelor's
- 36.2%
- High school diploma
- 29.6%
- No certificate/diploma
- 15.5%
Population aged 15 and over.
Commute
- Car, truck or van
- 88.7%
- Public transit
- 0.9%
- Walked
- 7.2%
- Bicycle
- 1.5%
- Other
- 1.8%
Commute duration
- Under 15 min
- 64.0%
- 15–29 min
- 21.0%
- 30–44 min
- 6.7%
- 45–59 min
- 3.5%
- 60+ min
- 4.9%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Wings32m
- Boston Pizza121m
- White Spot141m
- Jade Buffet165m
- Namaste203m
Cafes (5+)
- Blue Canoe Bakery and Cafe44m
- Unnamed151m
- Night Cafe · 160 Lakeshore Drive Northeast235m
- Java Jive Neighbourhood Bistro · 190A Trans Canada Highway Northeast258m
- Anvil Coffee Collective · 310 Ross Street Northeast381m
Grocery (2)
- Askew's Foods285m
- No Frills340m
Shopping (3)
- Shuswap Park Mall304m
- Centenoka Park Mall · 360 Trans-Canada Highway361m
- Hudson's Bay396m
Parks (5+)
- Hero War Memorial323m
- Unnamed323m
- Ross Street Plaza333m
- Fletcher's Park417m
- Naturalist Park479m
Gyms (1)
- Cardio Connection541m
Pharmacies (1)
- Unnamed604m
Banks & ATMs (4)
- Bank Of Montreal286m
- CIBC289m
- HoneyBadger Bitcoin ATM367m
- SASCU445m
Healthcare (1)
- Mount Ida Medical Centre165m
Nearby places data: © OpenStreetMap contributors.
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All in Salmon Arm →Frequently asked questions
What is the asking price for this business?
The asking price is $958,000.
Where is this business located?
This listing is located in Salmon Arm, 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.