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1016 MAIN Street in Okanagan Falls: Multi-family for sale : MLS®# 10302613

1016 MAIN Street Okanagan Falls V0H 1R0 :

Main Photo: 1016 MAIN Street in Okanagan Falls: Multi-family for sale : MLS®# 10302613
$1,599,900
Prop. Type:
Multi-family
MLS® Num:
10302613
Status:
Active
Age:
34 years
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:2493)
Property Type:
Multi-family
Size Interior:
Switch units of measure3,640 sq. ft.
Transaction Type:
For sale
Ownership Type:
Freehold
Community:
Okanagan Falls
Amenities:
Schools, Shopping
Features:
Level lot
Building Type:
Multi-Family
Half Bathrooms:
0
Age:
34 years
Cooling:
See Remarks, Wall unit
Fireplace:
No
Heating:
Other, See remarks
Heating Fuel:
Electric
Roof Style:
Tar & gravel, Unknown
# Storeys:
2.0
Water:
Irrigation District
Sewer:
Municipal sewage system
Land Amenities:
Schools, Shopping
Road Access:
Easy access
Landscape Features:
Level
Acreage:
No
Lot Size:
Switch units of measure7,405.2 sq. ft.
Lot Size:
0.17 ac|under 1 acre
Lot Details:
0.17
Parking Type:
Other
Listed by RE/MAX Realty Solutions
Data was last updated May 4, 2024 at 05:15 PM (UTC)
Paul Basso
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.