$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:50889)
Property Details
MLS® Number
10302615
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
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