108 VAN HORNE STREET S Cranbrook South, BC
$ 799,900
Property Attributes
  • ML#2455132
  • TypeCommercial
  • CityCranbrook South
  • Postal CodeV1C 2G2
  • Style
  • Price$ 799,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
RE/MAX Blue Sky Realty
Data Source:
Canadian Real Estate Association
Property Description

After 28 years of ownership, This Lucrative Strip Mall (Approximately 9.75% Capitalization Rate) is being offered For Sale. Fifth Avenue Plaza is located along the main corridor of Cranbrook across from the Railway Museum. There is approximately 7600 sq.ft of Building, a Secure Storage Area, and 3 other outbuildings all situated on 6 City Lots. There is plenty of parking on and off the Property for both shop owners and customers. The Building has a good mix of Retail and Service which is Currently Fully Leased out with 9 Tenants. This Property has been meticulously maintained. A new Torch-On-Roof and Metal Parapet Wall Cap was installed in 2018 and the exterior was painted in 2017. The Art-Deco style Building was adorned with LED wall pack exterior lights in 2019. The Water Service was replaced in 2019 as well as the Buildings main Water Heater in 2020. (id:7434)

General Features

Ammenities Shopping, Airport, Public Transit, Highway, Golf Nearby, Stores
Building Amenities Storage - Locker
Community Features High Traffic Area
Features Visual exposure, Flat site, Other, Paved driveway, Level
More Information Link
Property Type Retail
Zoningtype Highway commercial

Interior Features

Building Fireplace Present False
Building Heating Fuel Electric
Building Heating Type Electric baseboard units
Flooring Type Vinyl, Concrete

Exterior Features

Exterior Finish Stucco
Land Amenities Shopping, Airport, Public Transit, Highway, Golf Nearby, Stores
Sewer See remarks


  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in V1C 2G2

AVG $800K
AVG 98
AVG 53
Data Provided by Walkscore ® not using MLS data