Business at 903 Raffan Road in Armstrong, BC currently offered at $5,900,000.

Property Specifications

Lot Size: 7.72 acres
Water Source: Private Utility
Sewer / Septic: Septic tank
Heating: Baseboard heaters, Radiant/Infra-red Heat, Electric

The Property

Prime 7.721 acres of C4 zoned property on Highway 97 between Armstrong BC and Vernon BC. Excellent highway visibility and easy access off of Otter Lake Cross Road roundabout. Approximately 830 feet of Highway Frontage/Exposure! Currently tenanted until July 2030 at over 9.25% CAP rate(over next four years.). C4 zoning offers numerous business opportunities and potential through Spallumcheen to change zoning to I1(buyer to their perform due diligence). Property and building have had many recent upgrades. Yard has been levelled and extra gravel added to its base. Building has been re-sided with metal siding and a new roofing structure has been added. All 2000 + square feet of office space has been updated. Office space includes reception, kitchen, 5 offices and 2 bathrooms. Additionally, 2 more offices off the first warehouse space. 2 large warehouse spaces with 20+ foot ceilings, ideal for storage or maintenance on large vehicles. Building square footage is based off of mapping software and buyer should do their own measurements. (id:63761)

Local Area Context • Armstrong

Living in Armstrong

A historic agricultural township in the heart of the Spallumcheen valley, famous for heritage charm, vibrant local food culture, and reliable municipal services.

Local Due Diligence & Property Realities

Armstrong delivers an authentic, close-knit community atmosphere with excellent local schools, community parks, and municipal servicing. However, because it is encircled by one of BC’s most productive dairy and agricultural valleys, agricultural activity, tractor traffic, and seasonal farm aromas are an integral part of life here.

First-party area intelligence by Jeff Ragsdale, REALTOR®Full Armstrong Area Guide