Industrial for Sale — SE Salmon Arm, Salmon Arm, BC
$4,990,000
3030 40 Street SE, Salmon Arm, BC V1E1X7
Property details
Structured details
- Lot dimensions
- 10
- Structure type
- Other
- Current use
- Industrial
- Parcel ID (PID)
- 004-933-061
- Water source
- Municipal water
- Heating
- Forced air
Listing Information
- MLS®
- 10394098
- Listed
- July 21, 2026
- Time on market
- 55 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Rare opportunity to acquire approximately 10 acres of M1 (General Industrial) zoned land in Salmon Arm's established industrial corridor. The M1 zoning permits a broad range of industrial and commercial uses, making this an ideal property for owner-users, developers, or investors. The property features an approximately 3,000 sq. ft. log building that has previously operated as corporate offices and a show home. The building is well suited for office, administrative, or client-facing operations and can be adapted to meet a variety of business requirements. Supporting improvements include a detached three-bay garage with radiant natural gas heat and a washroom, as well as a 30' x 40' service shop complete with natural gas, power, water, and a 10' wide x 12' high overhead door. The site offers exceptional flexibility. Utilize the property as a single 10-acre industrial operation or capitalize on the preliminary approval (PLR) already in place for a 9-lot industrial subdivision, providing significant development potential. The land is predominantly level and highly usable, offering efficient site planning and development. With no building scheme or construction timeline restrictions, purchasers have the flexibility to develop according to their operational or investment objectives. The site is serviced by two high-volume water wells, municipal water, and three-phase power, providing the capacity required for a wide range of industrial operations and future development. Strategically located with excellent access to both Highway 97B and the Trans-Canada Highway, the property benefits from efficient transportation routes and no seasonal road restrictions, making it well suited for manufacturing, warehousing, distribution, service industrial, and a variety of other industrial applications. (id:63159)
Financing calculator
Estimate your monthly payment on the $4,990,000 asking price.
Financing details
- Monthly debt service
- $48,434
- Cash required at close
- $1,023,000
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
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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).
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All in Salmon Arm →Frequently asked questions
What is the asking price for this business?
The asking price is $4,990,000.
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.