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$ 6,000,000
Est. payment | /mo
54,500 SqFt
$ 6,000,000
Est. payment | /mo
54,500 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 54500
Square Footage 54,500 sqft
Price per Sqft $110
Subdivision Cranbrook South
MLS® Listing ID 10385098
Lot Size 94.650 Acres
Acres 94.65
Property Sub-Type Freehold
Property Description
Rare opportunity to acquire the largest single industrial land holding in Cranbrook, comprising approximately 95 acres in a supply-constrained market where assets of this scale rarely come available. The property generates lease income from multiple leases totaling approximately $272,000 annually, providing holding income while future development or repositioning is considered. Improvements include a 47,000 SF former finger-joint manufacturing facility with 22–25 ft clear heights (vacant), a 7,500 SF four-bay warehouse (tenanted), and a ~15,000 SF lumber storage shed. The site features frontage along the Canadian Pacific Railway, multiple north and south access points, and dual M2 and M3 zoning permitting a wide range of industrial uses including manufacturing, warehousing, distribution, and logistics. Strategically located with direct access to Highway 3, proximity to the U.S. border, and connectivity to the Canadian Rockies International Airport, this offering combines scale, income, and location in a sought-after industrial node. Cranbrook serves as the East Kootenay's commercial and logistics hub for a trade area of approximately 100,000 people, supported by daily rail service, 330,000+ freight truck movements annually, and regular air service to Calgary, Vancouver, and Kelowna. This is a Court-Ordered sale, offering purchasers multiple exciting opportunities, including manufacturing use, repositioning of improvements, rail reconnection, and future industrial development. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Others
Ownership Freehold
Listed by Royal LePage Kelowna
Nearby Locations
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