1016 MAIN Street

$1,599,900

10302613
MLS#
3640 sqft
sqft

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Description

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!

Overview

  • Price $1,599,900
  • MLS # 10302613
  • Age 1990
  • Stories 2
  • Size 3640 sqft
  • Cooling See Remarks, Wall Unit
  • Water Irrigation District
  • Sewer Municipal sewage system
  • Landscape Features Level

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