Office Listings

1479 Theatre Road
Cranbrook South Cranbrook V1C 7G3

$6,000,000
Industrial

Main Photo: 1479 Theatre Road in Cranbrook: Industrial for sale : MLS®# 10385098
Photo 1: 1479 Theatre Road in Cranbrook: Industrial for sale : MLS®# 10385098
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Status:
Active
Prop. Type:
Industrial
MLS® Num:
10385098
Build. Type:
Other
Rare opportunity to acquire the largest single industrial land holding in Cranbrook, comprising approximately 95 acres in a supply-constrained market where assets of this scale rarely come available. The property generates lease income from multiple leases totaling approximately $272,000 annually, providing holding income while future development or repositioning is considered. Improvements include a 47,000 SF former finger-joint manufacturing facility with 22–25 ft clear heights (vacant), a 7,500 SF four-bay warehouse (tenanted), and a ~15,000 SF lumber storage shed. The site features frontage along the Canadian Pacific Railway, multiple north and south access points, and dual M2 and M3 zoning permitting a wide range of industrial uses including manufacturing, warehousing, distribution, and logistics. Strategically located with direct access to Highway 3, proximity to the U.S. border, and connectivity to the Canadian Rockies International Airport, this offering combines scale, income, and location in a sought-after industrial node. Cranbrook serves as the East Kootenay’s commercial and logistics hub for a trade area of approximately 100,000 people, supported by daily rail service, 330,000+ freight truck movements annually, and regular air service to Calgary, Vancouver, and Kelowna. This is a Court-Ordered sale, offering purchasers multiple exciting opportunities, including manufacturing use, repositioning of improvements, rail reconnection, and future industrial development. (id:2493)
Property Type:
Industrial
Common Interest:
Freehold
Total Living Area:
1.25 acre(s)
Taxes:
$169,167 / -
Community:
Cranbrook South
Structure Type:
Other
Fireplace:
No
Current Use:
Industrial
Lot Size:
94.65 acre(s)
Lot Details:
94.65
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Listed by Royal LePage Kelowna and Colliers
Data was last updated May 5, 2026 at 11:15 PM (UTC)
JAY WEEKS
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