8,385 ft²Industrial$1,700,000Sale
Opportunity - NAI Commercial is excited to present a prime opportunity to acquire a single-tenant industrial investment at 2500 Cranbrook St N, Cranbrook, BC (the “Property”). This Property offers a secure, stable investment with a lease backed by a high-caliber tenant—His Majesty the King in Right of Canada, represented by the Minister of Defence (the “Tenant”). This investment provides long-term security and minimal landlord responsibilities, making it an ideal asset for investors seeking reliable income with government-backed tenancy. Property - This investment opportunity comprises two parcels totaling approximately 2.79 acres, featuring a single-storey, 8,385 SF building constructed in 1970. The building includes 2,000 SF of retail space and 6,385 SF of warehouse space, equipped with four drive-in garage bay doors. Positioned along the high-traffic Crowsnest Highway, the property boasts approximately 175 feet of highway frontage, offering excellent visibility. Located on the northern end of Cranbrook St N (Hwy 95), a major artery through Cranbrook, this site provides convenient access to key routes, including Hwy 95 leading to Golden, BC, and the Crowsnest Highway connecting to Alberta. The property’s strategic location within the city—known for its robust economic growth in industries such as forestry, mining, and tourism—enhances its value, providing strong commercial potential. Investment Highlights • Government-Backed Tenant • Prime Highway Exposure • Versatile Building Layout • Low Site Coverage • Strategic Accessibility • Fully Fenced Property
Cranbrook, located in southeastern British Columbia, is a regional hub with a population of around 21,000. It offers abundant recreational and cultural opportunities, boasting over 400 acres of parks, an aquatic center, and a major sports complex. The city’s economy is driven by industries like forestry, mining, and tourism, benefiting from its location in the Kootenay Rockies. Cranbrook also supports local businesses through economic development initiatives and infrastructure improvements, attracting investment and fostering growth. Its strategic location and vibrant community make it a key player in regional commerce and outdoor tourism.