- Active
5755 Mellor Frontage Road
Salmon Arm · Vacant Land
Listed by Homelife Salmon Arm Realty.Com · MLS® 10386715
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Sign inAbout this home
4 acre commercial property on frontage road off Highway 97B, with great highway exposure. Property includes approximately 16,000 square feet of buildings, used for storage, retail, workshops, and warehouse. Currently has gross revenue of $5,600 per month with lots of potential. Tremendous opportunity renovate buildings and add to income or develop this level 4 acre property with great highway exposure. Zoned HC Highway commercial allows for Mini Storage, manufacturing, service station, restaurant and a variety of other uses. There is no building permit or Development permit required to develop this property you can just start to build and develop within the zoning. High traffic exposure, great location and tons of potential.
Home facts
- Property type
- Vacant Land
- Area
- SE Salmon Arm
- Listed
- May 11, 2026
- Structure
- Other
- PID
- 005-960-916
- Common interest
- Freehold
Rooms and building
- Sewer
- Septic tank
- Water
- Well
- Utilities
- Natural Gas, Electricity, Telephone
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.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $10,878
- Property tax
- $667/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $11,694
Purchase snapshot
- List price
- $2,295,000
- Down payment
- $459,000 (20%)
- Estimated mortgage
- $1,836,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $12,395
- At 5.4009 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 41%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.
