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1479 Theatre Road, Cranbrook
2026-05-06
Quick Summary
MLS®#10385098
Property Description
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 22â25 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 Kootenayâs 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:32467)
Property Features
Building
- Fireplace: No
- Interior Size: 54500 sqft
- Building Type: Other
Land
- Land Size: 94.65 ac|50 - 100 acres
Ownership
- Type: Freehold
Information entered by Royal LePage Kelowna
Listing information last updated on: 2026-06-08 23:50:00
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.
One Percent Realty's top FAQs
Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950
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