This is an amazing opportunity to relocate your business to your own shop and seize the upside and potential of this property. Situated on a 13,666 square foot lot, the property boasts excellent curb appeal along bustling Tranquille Road. The building spans approximately 3,100 square feet, with a tenant currently occupying around 1,500 square feet for the next two years with no renewal options but would like to stay. The remaining 1,600 square feet provide a blank canvas with ample water access for your business needs. Not only is the building central, it is also easily accessible for customers with a spacious paved parking lot at the rear.

With the landscape of the North Shore set to undergo significant change, there has never been a better time to secure your own building. The potential for future development on this lot, coupled with the possibility of increased rental rates, presents an enticing opportunity. Furthermore, the adjacent property at 174 Tranquille Road is also for sale, potentially creating a larger development site spanning approximately 27,316 square feet.

Owner Occupier Opportunity with Upside on the North Shore

• Owner Occupier Opportunity
• Tenanted on one side
• Development Potential
• Prime North Shore Location

The North Shore of Kamloops is experiencing rapid growth, with significant development either in consultation with the city or already approved. For instance, ARPA Developments is planning a 64-unit project on 207 Royal Avenue, having already invested approximately $30 million in new projects on the North Shore in recent years, with an additional $50 million in new investments underway. Other notable developers are proposing a 96-unit project at 156 Tranquille Road and 126 units on 8th Street. The North Shore landscape will look very different with the emergence of new condos and commercial spaces over the next few years.