MLS® 10375562

Office for Sale — NE Salmon Arm, Salmon Arm, BC

$339,000

7310 50 Street NE, Salmon Arm, BC V0E1K0

27
Walk Score
38
Bike
Walk Score® by Redfin
For SaleAbsentee-Run
484 square feet
Floor area
0.11 acres
Lot size
1952
Year built
27
Walk Score
38
Bike
Walk Score® by Redfin

Property details

Structured details

Ownership
Freehold
Annual property tax
$3,530.63
Lot dimensions
0.11
Structure type
Offices
Parcel ID (PID)
005-083-397
Water source
Municipal water
Sewer
Municipal sewage system

Listing Information

MLS®
10375562
Listed
February 10, 2026
Time on market
216 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

Post office in Canoe for sale has a brand new 5 year lease with increases each year and 5 year renewal option. This is a full triple net lease and has been in this location for decades. Shows approx 4.5% ROI in year one of lease on asking price and over a 5% ROI in year 5. If you are looking for an affordable commercial investment with long term tenant and passive income this may be just what you have been looking for. (id:63159)

Financing calculator

Estimate your monthly payment on the $339,000 asking price.

Financing details
Monthly debt service
$3,290
Cash required at close
$92,800
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

English90.7%
German1.9%
French1%
Dutch0.7%
Tagalog (Pilipino, Filipino)0.5%
Punjabi (Panjabi)0.5%
Arabic0.3%
Ukrainian0.2%
Spanish0.2%
Russian0.2%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (1)

  • Canooligans · 4940 Canoe Beach Drive Northeast65m

Parks (1)

  • Unnamed227m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Other commercial property types for sale in Salmon Arm

Frequently asked questions

What is the asking price for this business?

The asking price is $339,000.

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.