Well-located C4 (Service Commercial) investment or owner-user opportunity on a 16,988 sq.ft. lot with excellent exposure to River Street, Lorne Street and the highway. This 5,185 sq.ft. building offers a functional two-storey layout consisting of 3,409 sq.ft. on the main floor and 1,776 sq.ft. of second-floor office space. The main level features a bright reception/showroom area, multiple offices, and a 28'6"" x 29'5"" drive-through shop with overhead doors at both ends, providing excellent access for service, warehousing or light industrial operations. The second floor offers additional private offices, boardroom space, storage and staff areas. The property benefits from access from both the front and rear, ample on-site parking, excellent visibility, and a flexible C4 zoning that accommodates a broad range of commercial uses including retail, professional offices, service commercial, warehousing and light industrial. Plenty of parking available. Plenty of windows and natural light throughout the building. 2 bathrooms. Currently leased until February 2027, providing immediate rental income with the opportunity for future owner occupancy or repositioning upon lease expiry. A versatile commercial property in a highly accessible central Kamloops location with long-term investment potential.
Property details
5,185 ft²
Floor area
1992
Year built
$28,220/yr
Gross tax
Location & structure
Other
Type
South Kamloops
Area
Listed
July 9, 2026
Structure
Residential Commercial Mix
PID
001-918-664
Features & inclusions
Cooling
See Remarks
Roof
Tar & gravel, Unknown
Parking
RV, Additional Parking
Additional details
Common interest
Freehold
Listed by Royal LePage Westwin Realty. Last updated Jul 9, 2026, 4:35 PM.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
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Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $439,980 down (20%) on $2,199,900, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Inventory mix
What this area trades in
Within 3 km of this listing · 206 listings
Detached
79
38.3%
Condo / Apartment
64
31.1%
Townhouse
35
17.0%
Land
12
5.8%
Duplex
7
3.4%
Other
9
4.4%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Kamloops · 560 dwellings
Low-rise apartment285 · 50.9%
Single-detached110 · 19.6%
High-rise apartment90 · 16.1%
Row house30 · 5.4%
Apartment in duplex30 · 5.4%
Semi-detached15 · 2.7%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59330114· Kamloops· 1.38 km²
Median rent here
$1,340
Owner shelter cost
$800
Renters
30.7%
30%+ on shelter
23.9%
Population (2021)
1,284
Median age
50.4
Avg household size
1.7
Avg household income
$83,200
Renters
30.7%
Owners
69.3%
Immigrants
13.4%
Post-secondary
53.7%
Avg home value
$468,000
Single status
40.2%
Not in labour force
47.5%
Households with kids
11.5%
Median rent
$1,340
Owner shelter cost
$800
30%+ on shelter
23.9%
Breakdown
Under $5,000
5
0.9%
$15,000 to $19,999
20
3.5%
$20,000 to $24,999
20
3.5%
$25,000 to $29,999
20
3.5%
$30,000 to $34,999
25
4.4%
$35,000 to $39,999
35
6.2%
$40,000 to $44,999
35
6.2%
$45,000 to $49,999
35
6.2%
$50,000 to $59,999
70
12.4%
$60,000 to $69,999
45
8.0%
$70,000 to $79,999
40
7.1%
$80,000 to $89,999
40
7.1%
$90,000 to $99,999
25
4.4%
$100,000 to $124,999
50
8.8%
$125,000 to $149,999
35
6.2%
$150,000 to $199,999
35
6.2%
$200,000 and over
30
5.3%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59330114).
Market story
Rent in Kamloops
Census 2021 avg $1,340/mo here · Vancouver 2BR rent trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
CMHCBritish Columbia outlook
British Columbia’s labour market expected to recover in 2026, but demographic factors will weigh on housing markets
British Columbia’s (B.C.) economy is expected to improve in 2026 after limited growth in 2025. As forecasted in our Housing Market Outlook summer 2025 update, a weak labour market and trade volatility were the main factors impacting B.C.’s economy in 2025.
From the CMHC Housing Market Outlook 2026 · Jan 2026
