Quick Summary
Quick Summary
- Profitable commercial property with 5% CAP rate
- Zoned for diverse commercial uses in downtown area
- Mixed-use building with 5 retail and 5 apartment units
- Ample parking with 52 stalls on large 0.65 acre lot
- Recently updated with new metal roof installed in 2015
Huge reduction, and CAP Rate is now 5%. Strip mall located in downtown of growing Hope, BC. Zoned CBD, allowing variety of uses. Good CAP rate, and priced below appraisal value. It is a mixed commercial building with five retail units on main and five apartment units on top. Total of eight strata titles and 52 parking stalls. Huge corner... Show More
Huge reduction, and CAP Rate is now 5%. Strip mall located in downtown of growing Hope, BC. Zoned CBD, allowing variety of uses. Good CAP rate, and priced below appraisal value. It is a mixed commercial building with five retail units on main and five apartment units on top. Total of eight strata titles and 52 parking stalls. Huge corner lot, about 0.65 acre. Metal roof was installed in 2015, and building was completed around 1992. Opportunity to add potential growth in your investment portfolio. All appointments must be done through the listing realtor. All measurements are approximate and buyers to verify all information if deemed important. (id:54626)
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