Active

$928,000

21 & 61 Shuswap Street NW, Salmon Arm, BC

Hospitality at 21 & 61 Shuswap Street NW in Salmon Arm, BC currently offered at $928,000.

Beds: -
Baths: -
Sq Ft: -
Built: -

Property Specifications

Lot Size: 0.27 acres
Water Source: Municipal water
Sewer / Septic: Municipal sewage system
Heating
Parking: 16 spaces
Ownership Type: Freehold

The Property

RARE PRIME CORNER OPPORTUNITY – DOWNTOWN SALMON ARM! This is your chance to own one of the most sought-after commercial locations in the heart of Salmon Arm! Situated at a high-traffic intersection on the Trans Canada Highway and Shuswap Street, this high-visibility corner property offers exceptional exposure to both vehicle and pedestrian traffic — ideal for any business looking to maximize its presence. Zoned for commercial use and spanning two separately titled lots, this property boasts over 11,000 sq ft of land and approximately 15+ dedicated parking spaces with direct access from both major roads. This is a true gem in the bustling downtown core, just steps from shops, services, and the waterfront — making it an unbeatable location for both investors and entrepreneurs. Currently leased to a successful restaurant (equipment and furnishings owned by tenant), this property provides immediate income potential with long-term flexibility for redevelopment or repurposing. Whether you're looking to expand your commercial portfolio or secure a flagship location in one of BC’s fastest-growing communities, this offering delivers on visibility, location, and opportunity. (id:63761)

Local Area Context • Salmon Arm

Living in Salmon Arm

The regional hub and service anchor of the Shuswap, providing year-round municipal infrastructure, healthcare, education, and a fully operational small-city economy.

Local Due Diligence & Property Realities

Daily experience varies significantly by neighbourhood. The downtown and harbourfront core offers genuine walkability with local shops and dining, but higher-elevation neighbourhoods like Hillcrest or Raven shift toward vehicle dependency and distinct winter challenges. Because of elevation change, hillside neighbourhoods often receive substantially more snow than lake-level areas. While upland districts offer larger lots and proximity to schools, they require comfort with steep winter commutes and the necessity of private snow clearing on steep driveways. The city's urban boundaries are tightly constrained by protected Agricultural Land Reserve (ALR) farmland, creating a reality where modern subdivisions sit directly adjacent to active agricultural operations. Residents must navigate "Right to Farm" provisions, which prioritize agricultural production — meaning seasonal smells, noise, and dust from farming operations are a practical consideration.

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