MLS® 10398617

Industrial for Sale — Cranbrook North, Cranbrook, BC

$995,000

565 Industrial Road D Crescent, Cranbrook, BC V1C6R8

22
Walk Score
20
Transit
39
Bike
Walk Score® by Redfin
For Sale
3,970 square feet
Floor area
0.91 acres
Lot size
2004
Year built
22
Walk Score
20
Transit
39
Bike
Walk Score® by Redfin

Property details

Structured details

Annual property tax
$16,358.48
Lot dimensions
0.91
Structure type
Other
Current use
Industrial
Parcel ID (PID)
009-677-259
Parking
22 spaces
Utilities
Water, Sewer, Natural Gas, Electricity, Cable, Telephone
Water source
Municipal water
Sewer
Municipal sewage system
Heating
Baseboard heaters, Forced air, Radiant/Infra-red Heat, Electric, See remarks
Cooling
Wall unit
Roof
Metal, Unknown
Exterior
Metal
Security
Controlled entry, Smoke Detector Only
Lot features
Level lot, Corner Site, Irregular lot size
Fencing
Fence, Chain link

Listing Information

MLS®
10398617
Listed
August 26, 2026
Time on market
20 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

Multi-building industrial property on 0.91 acres offering flexible shop, office, storage and yard space. The main 2,400 sq. ft. metal-clad frame building includes a 1,600 sq. ft. shop with 16' ceilings, two 10' x 12' grade-level overhead doors, 200-amp service, two natural gas overhead furnaces, air-to-air exchanger and bathroom. An approx. 1,000 sq. ft. mezzanine provides office space, a security suite, catwalk, separate climate controls, storage and independent exterior access from a second-floor deck. A secondary approx. 1,250 sq. ft. insulated, drywalled outbuilding has a dedicated 100-amp panel, two separate 2-car garage sections, four overhead-door bays, electric baseboard heat and open-beam scissor-truss ceilings in one section. The yard features double-gate access, a roundabout driveway designed to accommodate 53' trailers and B-trains, an 8' x 28' three-sided storage shed with lockable storage, and a 25' x 52' concrete pad with underground utility conduits and electrical cables in place for future use. Two existing tenants are currently in place. Total rentable area, clear heights, and sketch plans are estimated. Purchasers are advised to conduct their own independent due diligence and verify all physical dimensions and property boundaries. (id:63159)

Financing calculator

Estimate your monthly payment on the $995,000 asking price.

Financing details
Monthly debt service
$9,658
Cash required at close
$224,000
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 (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

English91.4%
German1%
French0.9%
Punjabi (Panjabi)0.8%
Italian0.6%
Tagalog (Pilipino, Filipino)0.5%
Spanish0.4%
Mandarin0.3%
Korean0.3%
Dutch0.2%

Top 10 mother tongues reported (single responses).

Nearby Places

Parks (1)

  • Moir Park655m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Other commercial property types for sale in Cranbrook

Frequently asked questions

What is the asking price for this business?

The asking price is $995,000.

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 15, 2026.