$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
AmenitiesNearBy
Schools, Shopping
Features
Level Lot
ParkingSpaceTotal
1
Building
Appliances
Range, Refrigerator, Dryer, Washer
BasementType
Crawl Space
ConstructedDate
1990
ExteriorFinish
Stucco
HeatingFuel
Electric
HeatingType
Baseboard Heaters
RoofMaterial
Tar & Gravel
RoofStyle
Unknown
SizeInterior
3640 Sqft
Type
Residential Commercial Mix
UtilityWater
Irrigation District
Land
Acreage
No
CurrentUse
Mixed Use
LandAmenities
Schools, Shopping
LandscapeFeatures
Level
Sewer
Municipal Sewage System
SizeFrontage
60 Ft
SizeIrregular
0.17
SizeTotal
0.17 Ac|under 1 Acre
SizeTotalText
0.17 Ac|under 1 Acre
ZoningType
Unknown