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1016 Main St

Main StOkanagan-Similkameen DBC, V0H 1R0

-
Beds
-
Baths
3,640
Sq. Ft.
$1,599,900
List Price
1016 Main St, Okanagan-Similkameen D, BC - 1 of 3
1016 Main St, Okanagan-Similkameen D, BC - 2 of 3
1016 Main St, Okanagan-Similkameen D, BC - 3 of 3
125 days on market

Quick Summary

  • 7 unit complex potential 96,000 annual rental income
  • Prime highway exposure mixed commercial residential
  • 4 residential units rented long term tenants
  • 3 commercial units 1 rented 2 available
  • Downtown commercial zoning many uses
  • 60,000 current rental income
  • Separate HVAC systems all units
  • Extra storage bathrooms commercial units

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... Show More

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:54626)

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Property Details

Size

3,640 sq. ft.
across 2 floors
0 Beds
0 Baths

Parking

Other

Build

Year Built
1990
Model Name
-
Basement
-
Exterior
-
Foundation
-
Builder Name
-
Stories
2
Flooring
-
Roof
Tar & gravel

Heating & Cooling

Heating
Other, See remarks
Cooling
See Remarks, Wall unit

Utilities

Water
Irrigation District
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Condo
Zoning
-

Source

Listing Brokerage

MLS® Listing
10302613
Last Updated
March 27, 2024
Brokerage
RE/MAX Realty Solutions
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