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1016 Main Street Okanagan Falls, British Columbia V0H 1R0

3640 sqft
Baseboard Heaters 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:20737)

Property Details

MLS® Number 10302615
Property Type Other
Neigbourhood Okanagan Falls
Amenities Near By Schools, Shopping
Features Level Lot
Parking Space Total 1

Building

Appliances Range, Refrigerator, Dryer, Washer
Basement Type Crawl Space
Constructed Date 1990
Exterior Finish Stucco
Heating Fuel Electric
Heating Type Baseboard Heaters
Roof Material Tar & Gravel
Roof Style Unknown
Size Interior 3640 Sqft
Type Residential Commercial Mix
Utility Water Irrigation District

Parking

See Remarks
Other

Land

Acreage No
Current Use Mixed Use
Land Amenities Schools, Shopping
Landscape Features Level
Sewer Municipal Sewage System
Size Frontage 60 Ft
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/26424427/1016-main-street-okanagan-falls-okanagan-falls


RE/MAX Realty Solutions
8507 A Main St., Po Box 1099
Osoyoos, British Columbia V0H 1V0

(250) 495-7441
(250) 495-6723

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