LOADING

1016 Main Street

| 3640 sqft

$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

10302613

Neigbourhood

Okanagan Falls

Amenities Near By

Schools, Shopping

Features

Level Lot

Building

Constructed Date

1990

Cooling Type

See Remarks, Wall Unit

Heating Fuel

Electric

Heating Type

Other, See Remarks

Roof Material

Tar & Gravel

Roof Style

Unknown

Stories Total

2

Size Interior

3640 Sqft

Type

Multi-family

Utility Water

Irrigation District

Land

Access Type

Easy Access

Acreage

No

Land Amenities

Schools, Shopping

Landscape Features

Level

Sewer

Municipal Sewage System

Size Irregular

0.17

Size Total

0.17 Ac|under 1 Acre

Size Total Text

0.17 Ac|under 1 Acre

Zoning Type

Unknown

Interested?

Contact us for more information

team green group photo 250-492-2266 info@teamgreen.ca

Let me know how I can assist you.

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