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1016 Main Street Okanagan Falls, British Columbia V0H 1R0

3640 sqft
See Remarks, Wall Unit Other, See Remarks Level

$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:52800)

Property Details

MLS® Number 10302613
Property Type Multi-family
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

Parking

Other

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

https://www.realtor.ca/real-estate/26424428/1016-main-street-okanagan-falls-okanagan-falls

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