100 Kootenay Street North, Cranbrook, BC

Unlock a unique investment opportunity with two prime C-1 Commercial properties in the vibrant heart of Downtown Cranbrook, a city renowned for its stunning natural beauty and opportunity for robust economic growth. 31 kms to Kimberley Alpine Resort, 91 kms to Fernie Alpine Resort, and 108 kms to Fairmont Hot Springs. Property Highlights: 8,520 sq ft Development Site Currently serving as parking for Total Pet store Generates an impressive annual revenue of $19,170 through a triple net lease, with Pet Valu covering all taxes and expenses Lease includes options to extend to 2036 and beyond, with cap increases up to $23,430 annually in the final extension term 3,082 sq ft Development Site Paved for parking and ready for development Currently unleased, providing flexibility for future income potential Why Invest in Cranbrook? Cranbrook is a dynamic city surrounded by breathtaking mountain landscapes and outdoor recreational opportunities, attracting residents and tourists alike. With a thriving arts scene, diverse dining options, and a strong community spirit, Cranbrook offers a desirable lifestyle that fosters growth. The region is currently experiencing a low vacancy rate, making it an ideal time to invest. Additionally, the recent increase in C-1 zoning density from 80 to 180 units per hectare significantly enhances development possibilities, driving demand for commercial spaces in prime locations. Now is the perfect moment to capitalize on this opportunity and secure your stake in Cranbrook’s bright future. Don’t miss out on the potential for substantial returns!