William Wright Commercial is pleased to announce the sale of 276 Victoria Street, a bank-anchored building in Downtown Kamloops with two A+ long-term tenants, including Scotiabank and a prominent law office. This corner lot building is strategically located at the intersection of Victoria and 3rd Avenue. This property offers 23,349 SQFT of leasable area across three floors, with 28 underground parking stalls.

With Kamloops ranking among Canada’s fastest-growing metropolitan areas, this investment offers opportunity and stability with strong returns and potential rental escalations.

The Third Largest City in British Columbia
Kamloops is the third largest city in British Columbia, with an estimated population of 106,664 in 2023. In 2012, the population of Kamloops was 88,523. Kamloops has grown by 1.77% annually. Residents enjoy a relaxed lifestyle with a warm climate and over 2,000 hours of sunshine annually. Its desert plateaus, lush river valleys, pine forests, lakes, and mountains provide a beautiful backdrop to the outdoor recreational activities of its residents. The city also has the highest concentration of golf courses per capita in Canada, and is a haven for Canada’s nature lovers, families, business professionals, and adventure-seekers.

Kamloops enjoys a diverse economy without relying on one sector to facilitate steady growth. Some firms in the city are over 125 years old, while other businesses in finance, technology, and healthcare are relatively new. The lifestyle, proximity, and economic conditions allow them to flourish while providing employment opportunities for newcomers to set down roots. Kamloops’ education and hands-on training to continue to grow with its post-secondary institutions.