1016 Main Street Okanagan Falls, British Columbia V0H 1R0
$1,599,900
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:38892)
Property Details
| MLS® Number | 10302615 |
| Property Type | Other |
| Neigbourhood | Okanagan Falls |
| Amenities Near By | Schools, Shopping |
| Features | Level Lot |
| Parking Space Total | 1 |
Building
| Appliances | Range, Refrigerator, Dryer, Washer |
| Basement Type | Crawl Space |
| Constructed Date | 1990 |
| Exterior Finish | Stucco |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Roof Material | Tar & Gravel |
| Roof Style | Unknown |
| Size Interior | 3640 Sqft |
| Type | Residential Commercial Mix |
| Utility Water | Irrigation District |
Parking
| See Remarks | |
| Other |
Land
| Acreage | No |
| Current Use | Mixed Use |
| Land Amenities | Schools, Shopping |
| Landscape Features | Level |
| Sewer | Municipal Sewage System |
| Size Frontage | 60 Ft |
| Size Irregular | 0.17 |
| Size Total | 0.17 Ac|under 1 Acre |
| Size Total Text | 0.17 Ac|under 1 Acre |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/26424427/1016-main-street-okanagan-falls-okanagan-falls
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March 27 2024 06:16:09
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