1016 MAIN Street Okanagan Falls, Okanagan Falls, British Columbia, CA

Address: 1016 MAIN Street, Okanagan Falls, British Columbia

0 Beds0 Baths0 sqftStatus: Buy
Price $1,599,900

Property Overview


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:51532)

 

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Property Summary
Property Type
Other
Building Type
Residential Commercial Mix
Title
Freehold
Neighbourhood Name
Okanagan Falls
Land Size
0.17 ac|under 1 acre
Built in
1990
Parking Type
See Remarks,Other
Building
Interior Features
Appliances Included
Range, Refrigerator, Dryer, Washer
Basement Type
Crawl space
Building Features
Features
Level lot
Heating & Cooling
Heating Type
Baseboard heaters
Utilities
Utility Sewer
Municipal sewage system
Water
Irrigation District
Exterior Features
Exterior Finish
Stucco
Parking
Parking Type
See Remarks,Other
Total Parking Spaces
1
Features
           Level lot            See Remarks            Other
           Range            Refrigerator            Dryer
           Washer
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Your Home Finance Calculation

Property Price CA $1,599,900
Bank Loan Amount CA $0
Monthly Installment CA $0

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