• MLS® #: 176017
  • 5638 Hwy 97
  • Oliver, British Columbia V0H1T9
  • $1,300,000
  • 6 Beds, 3 Bath, 3000 SQ. Feet, 0.43 Acres
  • Single Family
  • Office: RE/MAX WINE CAPITAL REALTY

What an amazing business opportunity in the heart of Wine Country. This well established 3500 sq ft grocery store specializes in ethnic foods serving the local multicultural community. A partial renovation of the store was done last year including Phase 3 wiring, counter tops and freezer. New slurpee machine and soft serve ice cream were also added. A portion of the store is sub-leased earning $700/ month and the front of the property is leased to a Food truck vendor earning $500/month. A 5 bed/3 bath residence built in 2004 also generates $1500 income from the main house and an additional $750 for the 2bedroom non-conforming suite. This property brings in close to $160,000 net a year and there is a lot more potential to grow. Listed at 12% cap rate, which is hard to find in today's market. All measurements are approx., buyer to verify. Duplicate listing Commercial ~ 176018 (id:3745)

NEED To SELL YOUR HOME?

Would you like to purchase this home, but need to sell yours to make it happen?

Sell Your Home!

Essential Information

  • Listing #176017
  • Price$1,300,000
  • Bedrooms6
  • Bathrooms3.00
  • Square Footage3,000
  • Acres0.43
  • Year Built2004
  • TypeSingle Family
  • Sub-TypeFreehold

Community Information

  • Address5638 Hwy 97
  • SubdivisionOL Oliver
  • CityOliver
  • StateBritish Columbia
  • Zip CodeV0H1T9

Amenities

  • ParkingOpen
  • ViewMountain view

Interior

  • Interior FeaturesDrapes/Window coverings
  • HeatingNatural gas Forced air
  • CoolingCentral air conditioning
  • Has BasementYes
  • FireplaceYes
  • FireplacesGas
  • # of Stories2

Appliances

Refrigerator, Dishwasher, Washer, Dryer, Water softener, Stove

Exterior

  • ExteriorVinyl
  • RoofAsphalt shingle
  • ConstructionWood frame
Print this Page

Property Location

Get directions to this property:

Mortgage
Calculator

Down Payment:
Monthly Payment:
Please provide a valid email address.

Similar Listings To: 5638 Hwy 97, Oliver


View all similar properties here