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276 VICTORIA STREET, Kamloops, BC, V2C 2A2

MLS® # 179477
Conditionally Sold
Commercial In City Centre, Kamloops, British Columbia
$6,788,000
276 Victoria Street, Kamloops, BC
276 Victoria Street, Kamloops, BC
276 Victoria Street, Kamloops, BC
276 Victoria Street, Kamloops, BC
276 Victoria Street, Kamloops, BC
276 Victoria Street, Kamloops, BC
276 Victoria Street, Kamloops, BC
276 Victoria Street, Kamloops, BC
276 Victoria Street, Kamloops, BC
276 Victoria Street, Kamloops, BC
276 Victoria Street, Kamloops, BC
276 Victoria Street, Kamloops, BC
  • Advertising
SOLD_COND
276 VICTORIA STREET, Kamloops, BC, V2C 2A2

Status:

$6,788,000

Property Information:

Offering a return of 6.4% cap rate downtown Kamloops with two A+ long-term tenants, including Scotiabank and a prominent law office. This building is strategically located at the intersection of Victoria and 3rd Ave.  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 & stability with strong returns and potential rental escalations. Capitalize on this outstanding investment opportunity.

Property Features:

  • Property Type: Building and Land
  • Annual Tax Amount: $125,981
  • Lot Size: 10517.00 Square Feet
  • Title: Freehold
  • Zoning: CBD

Courtesy of: WILLIAM WRIGHT COMMERCIAL

Data provided by: Kamloops and District Real Estate Association 418 St. Paul Street, Suite 112, Kamloops, British Columbia V2C 2J6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 276 VICTORIA STREET, Kamloops, BC, V2C 2A2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

25 hot days expected in 2050

Projected Precipitation Risk: Low

13 storms expected in 2050

Projected Heat Risk: Moderate

25 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 276 VICTORIA STREET , experiences 7 hot days per year at around 33.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 25 hot days at 36.8 degrees Celsius.

Projected Avg. Temperature

Past
33.1℃
2050
36.8℃

# Hot Days Per Year

Past
7
2050
25

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Low

13 storms expected in 2050

18/100

Low

ClimateCheck®

Current data

This property, 276 VICTORIA STREET , experiences 11 significant 2-day storms per year, with about 129.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 143.7mm of precipitation per year.

Precipitation Per Storm

Past
129.6mm
2050
143.7mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 276 VICTORIA STREET, Kamloops, BC, V2C 2A2

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$106,729.44

Average Number of Children

1.34

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.32 %

High school certificate or equivalent

34.72 %

Apprenticeship trade certificate/diploma

6.56 %

College/non-university certificate

20.14 %

University certificate (below bachelor)

2.78 %

University Degree

19.48 %

Commuter

Travel To Work

By Car

70.87 %

By Public Transit

3.4 %

By Walking

18.81 %

By Bicycle

3.1 %

By Other Methods

3.82 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

73.57 %

Houses

26.43 %

Own Vs. Rent

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