1016 Main Street, Okanagan Falls, British Columbia

$1,599,900

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3,640

Square feet

0.17

Acres

About 1016 Main Street

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:3745)

Features of 1016 Main Street

Listing # 10302613
Price $1,599,900
Bathrooms 0.00
Square Footage 3,640
Acres 0.17
Year Built 1990
Type Multi-family
Sub-Type Freehold

Community Information

Address 1016 Main Street
Subdivision Okanagan Falls
City Okanagan Falls
Province British Columbia
Postal Code V0H1R0

Amenities

Amenities Schools, Shopping
Features Level lot
Parking Other
Is Waterfront No
Has Pool No

Interior

Heating Electric Other, See remarks
Cooling See Remarks, Wall unit
Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Features Level
Roof Tar & gravel

Additional Information

Zoning Unknown

Listing Details

OfficeRE/MAX Realty Solutions

Listing Map

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