261 Alexander Street - Main photo, Salmon Arm, British Columbia

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$539,900

261 Alexander Street — Salmon Arm, British Columbia

V1E4N3

2,450Sq Ft

1955Built

About This Property

Affordable investment opportunity – Two storey high profile building located in Salmon Arm’s downtown core. Offering a 1,250 square foot retail area on the main floor and an upper level 1,200 square foot residential apartment. Classy main floor retail with approximately 24’ of street frontage with large display windows, currently set up as a spa with reception area, 3 treatment rooms, kitchenette/laundry and bathroom. Super cute and roomy upper level 2 bedroom residential apartment with good tenants in place. Located in the heart of the downtown core in an area of trendy stores, restaurants and professional offices, a prime location for drive by and walking traffic. This building makes a great place to own as an investment or if you are looking to live in the downtown area. (id:63357)

Property Location

Map

Property Details

Property Type: Detached
Half Baths: 0
Living Area: 2,450 sqft
Year Built: 1955
Status: Active

Location & Neighborhood

What's nearby 261 Alexander Street

Parks & Recreation

Ross Street Plaza
park
90m
Hero War Memorial
park
0.2 km
Fletcher's Water Park
playground
0.2 km

Transit Access

Okanagan Ave at 2nd St (EB)
Bus Stop
0.2 km
Lakeshore Dr at Shuswap St N (WB)
Bus Stop
0.2 km
Shuswap St N at Hudson (SB)
Bus Stop
0.2 km
Salmon Arm
Bus Stop
0.2 km
4 St NE at Lakeshore Dr NE (NB)
Bus Stop
0.3 km

Local Amenities

Banking

Bank Of Montreal44m
CIBC55m

Dining

Ambrosia Grill Taverna67m
Stillfood Bistro0.1 km

Coffee & Cafes

Java Jive Neighbourhood Bistro85m
Unnamed0.1 km

POI data updated 4/23/2026

Salmon Arm Market Snapshot

264

Active Listings

$737K

Median Price

Avg Days on Market

Last updated: Apr 23, 2026

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$539,900