AMAZING INVESTMENT OPPORTUNITY!!! 7 UNIT COMPLEX, potential RENTAL INCOME of $96,000/year (3 large commercial units plus 4 residential units) in prime location in the heart of Okanagan Falls in gorgeous South Okanagan Valley, 10 minutes from Penticton. PRIME HIGHWAY EXPOSURE mixed-use commercial / residential building with all four residential units (2 units located on the upper level of main building and 2 units within attached duplex at the back) currently rented to long term tenants, one commercial space currently rented and two commercial units available for rent or for your immediate use, downtown-commercial zoning, allowing for an array of uses. 5 out of 7 units currently rented, current rental income, $60,000/year, potential rental income $96,000 or more on full occupancy. Separate ductless heating and air conditioning systems in all commercial units, separate bathrooms and extra storage. Seize this chance – it is just waiting for an investor to unlock its full potential! (id:35966)
Listing Details
Property Details
- Full Address:
- 1016 MAIN Street, Okanagan Falls, British Columbia
- Price:
- $ 1,599,900
- MLS Number:
- 10302613
- List Date:
- January 17th, 2024
- Neighbourhood:
- Okanagan Falls
- Lot Size:
- 0.17 ac
- Year Built:
- 1990
- Taxes:
- $ 6,228
Interior Features
- Air Conditioning:
- Wall unit, See Remarks
- Heating:
- Electric, See remarks, Other
Building Features
- Storeys:
- 2
- Sewer:
- Municipal sewage system
- Water:
- Irrigation District
- Roof:
- Tar & gravel, Unknown
- Zoning:
- Unknown
- Garage:
- Other
- Ownership Type:
- Freehold
- Taxes:
- $ 6,228
Floors
- Finished Area:
- 3640 sq.ft.
Land
- Lot Size:
- 0.17 ac
Neighbourhood Features
Ratings
Commercial Info
Location
Neighbourhood Details
REALTOR® Details
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